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Use the table below to show four differences between partnerships and private companies
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Aug 24, 2021
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Business Studies Form 2
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anonymous
Use the table below to show four differences between partnerships and private companies
forms of business units
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Aug 24, 2021
by
anonymous
Partnerships
Private companies
Owned by partners
Owned by shareholders
Some partners have unlimited liabilities
Shareholders have limited liabilities
Partners share responsibility
Employee run company
Life discontinuous with death of a partner
Has a continuous life
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