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Jenny, Karly and Peter pooled their resources to open a pet store under the business name of JKP Pets. They share the profits and absorb
Jenny, Karly and Peter pooled their resources to open a pet store under the business name of JKP Pets. They share the profits and absorb all losses together equally and continue to work on this basis for several years. Required: a) Explain, giving reasons, the nature of the business relationship. b) Outline and explain the legal liability that arises through this business relationship. According to Australian law
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