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Use the table below to show four differences between partnerships and private companies
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Aug 24, 2021
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Business Studies Form 2
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anonymous
Use the table below to show four differences between partnerships and private companies
forms of business units
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Aug 24, 2021
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anonymous
Partnerships
Private companies
Owned by partners
Owned by shareholders
Some partners have unlimited liabilities
Shareholders have limited liabilities
Partners share responsibility
Employee run company
Life discontinuous with death of a partner
Has a continuous life
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