Ann and David Want to Form a Partnership

question 11

Short Answer

Ann and David want to form a partnership. They should consider all of the following except
possibility of disagreement.
unlimited liability.
ease of setting up a partnership.
the combined talents of both partners.
ease in transferring ownership.

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Definitions:

Storge

A type of love that emphasizes mutual affection, friendship, and long-term commitment, often found in familial relationships.

Friendships

A close and mutual relationship between two people that involves trust, support, and a strong emotional bond.

Family Members

Individuals who are related by blood, marriage, or adoption, and often share a common household or familial bond.

Commitment

Our intention to remain in a relationship.