Answer the following questions
An and Bo are in partnership together. They buy and renovate properties which they
then rent out or sell to other people.
The business has been going for six years and is a profitable business. They want to
expand the business to offer maintenance and repairs service to both the private
sector and public sector.
However, the partners do not have the capital needed for this expansion.
BO's sister, Jiao.has said that she is prepared to invest in the business in retum for a
share in the profits
An and Bo are also considering changing the legal structure to a private limited
company
26. Identify and explain the merits and demerits of being a partnership firm?
27. Do you think the partners should become a private limited company? Justify your
answer
28. Distinguish between a Joint stock company and partnership businesses.
Answers
Answered by
0
Answer:
fjjcjvkvmnvngklfmvjed
Explanation:
hcbfjf
Similar questions