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  • dfn3 replied to the topic Partnership characteristics in the forum Business 101 6 years, 11 months ago

    I agree working in a partnership would not be preferred. I say this because you will not always agree with your partner this can cause the partnership to go down hill at any moment. All this risk is taken on by the owners especially because funds come from their personal funds. Debtors can go after the owners personal money and lawsuits can go after them as well. This just shows that owners are risking a lot going into a partnership. Also it is really hard to continue once a partner dies and it is hard to ditch a partner. So whoever you start with you end with. I do not believe that a partnership would be the best way to start a corporation. You would be putting too much at risk.