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| Topic: |
Business
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| Number of pages / Number of words: |
63 / 17525 |
Essay's paper body
This made Jack able to excel in his work which was a huge advantage to him and his partner. His aims and objectives had to change too as he completed the aims he had set before and now that he was in a partnership, he thought of new aims to reach for.
However by having a partner led to disagreements over many factors of the business such as how much each owner gets from the profit...
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Jack had lost all independence now and was not the boss of him as he had a partner to share the leadership with. Also the partners still had to face unlimited liability if they had gone bankrupt, this did not help the disputes between the partners. There was one way to counter all of these disadvantages and that was by changing into a private limited company...
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