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Q: What happens if a business Partnership runs at a loss?
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What is the difference between registered company and partnership?

Unlike the shareholders in a limited company, the members of a general partnership have no financial protection if the business runs into trouble - each partner is responsible for the debts of the partnership as a whole. This means that each partner's personal assets may be at risk if the business fails


What is a loss history letter for business insurance?

Loss History, or Loss Runs, is an insurance document detailing the claims that your current and/or previous insurance carrier has paid out to you while you were insured by them. In order for you to receive a new quote for commercial insurance from a competing agent, loss runs or loss history is required to determine the extent of the risk involved in insuring your business.


How many runs have Strauss and Cook scored as a partnership?

4,657


Who is Stan Schultz of US Loss Mitigation?

Stan Schultz runs a business in Poquoson, Virginia. He is the brother of Dan Schultz. They are twins.


Importance of communication in a business scenario?

Communication is important in every scenario. It is particularly important in business as miscommunication can cause a loss of revenue or employment. A business that runs smoothly will always have good communication behind it.


Do liabilities arise from normal business practice?

Yes, they do. Liabilities always arise, if say it buys supplies but cannot pay for them, or if someone has an accident because of the business person's negligence. The important issue is whether the business's liabilities become personal liabilites of the person running the business. If a person runs a business in what is called a sole proprietorship or simple partnership, the company's liabilities will become those of the business owners. If the company goes out of business, the owner has to use his/her personal assets to pay them. If the business operates as a corporation, limited liability company or limited partnership, depending on state laws, that business's liabilities will not attach to the persons running the business except in extreme circumstances. If that business fails and goes out of business, the owners are not personally liable.


Who have scored the highest run partnership in Test Cricket?

The highest partnership of 624 runs was scored by Mahela Jayawardene and Kumar Sangakkara against South Africa in 2006.


Which Indian holds the highest partnership for any wicket in one day?

Azhaarudin and jadeja holds the highest fourth wicket partnership of 275 runs(not out) for any wicket in one day.


Are toll roads a government operated business?

yes. goverment runs it or business runs it


Who holds the best partnership record in international cricket?

Sachin Tendulkar and Rahul Dravid 331 runs


How do you order loss runs on a commercial auto policy?

Contact you insurance agent and he can obtain the loss run from the insurance company. Some may be able to print out the loss runs themselves.


Why is liability insurance so large?

Everyone that owns a house/car/business runs the risk of hurting someone. (ie: slipping on a sidewalk) This injury may cause the homeowner/business owner monetary damage. Liability insurance will cover this loss.