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Q3. Robin founded the Taco Factory 20 years ago as a family-oriented restaurant. Over the years as they grew the business, he involved two of

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Q3. Robin founded the "Taco Factory" 20 years ago as a family-oriented restaurant. Over the years as they grew the business, he involved two of his friends as active partners in the business. Recently the partners voted to seek liquor licenses and to sell beer and hard liquor in the restaurants. Robin opposed this, citing the history of the restaurant's "family" environment, but was voted down. Identify and explain two drawbacks of partnership form of ownership Robin has experienced in this situation. (5 marks; 2.5 marks for each)

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