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Three disadvantages of partnerships include unlimited liability, where partners may be personally responsible for business debts, risking personal assets. Additionally, decision-making can be challenging, as disagreements among partners may lead to conflicts and hinder progress. Lastly, profit sharing can be a drawback, as partners must divide earnings, potentially leading to dissatisfaction if contributions are unequal.

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2mo ago

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The disadvantages of a partnership is that you have to run every decision by the other person. You also have to split any profit 50/50.


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