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4.Who manages the business? Do all partners participate in day to day management or is management the responsibility of only certain partners? 5.If possible, learn
4.Who manages the business? Do all partners participate in day to day management or is management the responsibility of only certain partners?
5.If possible, learn how the partnership divides profits and losses among the partners.
6.How is the partnership taxed? How are the partners taxed on their share of partnership income or losses?
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