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Typically partnerships are used by new and small companies. Even a small company requires a variety of skills and resources. Two or a small group of people may, together, be able to provide the needed resources while none of then, alone, can. The partnership structure allows all partners to participate in the equity of the company - sharing the risks and rewards in agreed upon proportions.
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What does role business play in our economy?
The role of business is huge with the economy in the United States. A big role is generating jobs and income for citizens who in turn put earnings back into the system.
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Charaterlistic of ordinary and limited partnership?
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What role does coal play in southeast economy?
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