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Feng, Cong, Ge and Diana are four students studying Business at RMIT University. The group have discussed a possible business idea which they wish to

Feng, Cong, Ge and Diana are four students studying Business at RMIT University. The group have discussed a possible business idea which they wish to develop together.However, they are not sure what type of business structure will best suit their purposes.

Discuss the possibility of starting a partnership or private company asbusiness structures under the circumstances and outline two advantages and disadvantages of each.

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