6) Explain the limitations of Pustresshup firm
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The Major Limitations of Partnership Firm are as follows:
(i) Uncertainty of duration: ...
(ii) Risks of additional liability: ...
(iii) Lack of harmony: ...
(iv) Difficulty in withdrawing investment: ...
(v) Lack of public confidence: ...
(vi) Limited resources: ...
(vii) Unlimited liability:
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