explain the characteristics of partnership?
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- At least two persons are required to begin a partnership while the maximum number of members is limited to 100.
- Partnerships resemble sole proprietorships, except that there are two or more owners of the business.
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Answer:
Seven Characteristics of a Great Partnership
- Trust. Without trust there can be no productive conflict, commitment, or accountability.
- Common values. ...
- Chemistry. ...
- Defined expectations. ...
- Mutual respect. ...
- Synergy. ...
- Great two-way communications.
Explanation:
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