lack of secrecy business
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As well as every kind of business partnership business has a great role in a country’s economy. There are some certain advantages and disadvantages of partnership business which are describe in detail below:
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Lack of secrecy as a limitation of company form of business organisation means secrets cannot be kept in company form of organisation. Due to various legal requirements, company has to make various disclosures to the Registrar of the Companies, Stock Exchange , Financial Institutions etc
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