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Business
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| Number of pages / Number of words: |
2 / 312 |
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When there is an agreement between two or more persons to carry on a business for profit it creates a partnership. Some advantages of a partnership are enhanced borrowing power because there are more owners, income is included and taxed on partner's personal tax return, and they can raise more funds than a sole proprietorship can...
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When there is an agreement between two or more persons to carry on a business for profit it creates a partnership. Some advantages of a partnership are enhanced borrowing power because there are more owners, income is included and taxed on partner's personal tax return, and they can raise more funds than a sole proprietorship can...
Essay fragment
General points of the essay
DEFINE THE ECONOMIC PARTNERSHIP AGREEMENT AND DISCUSS THE WAYS IN WHICH BUSINESSES IN THE CARIBBEAN SHOULD ORGANIZE TO TAKE ADVANTAGE OF THIS DEVELOPMENT.
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