Question
It is difficult to recognize different partnerships in a business. What kind of partnerships is this, when It is more than 2 people, it is
It is difficult to recognize different partnerships in a business. What kind of partnerships is this, when It is more than 2 people, it is in an agreement but it says we are not partners, but will have equal profit sharing, this business/company it is not incorporated to save tax. These people are involved in day to day running of the business.One partner also provides a service. Confused. What kind of business partnership this is. General, limited liability partnership? You can't have a business without recognizing what kind of business it is. Subject is business law, partnerships. Recognizing different partnerships in a business environment.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started