Examlex
The disadvantages associated with a proprietorship are similar to those under a partnership.One exception relates to the more formal nature of the partnership agreement and the commitment of all partners' personal assets.As a result, partnerships do not have difficulty raising large amounts of capital.
Risk of Exploitation
The possibility of taking unfair advantage of someone, especially in situations involving power imbalances.
Loss of Objectivity
A situation in which an individual's judgments are influenced by personal feelings, biases, or prejudices, leading to a lack of impartiality.
Bartering Psychotherapy
An arrangement where psychological counseling services are provided in exchange for goods or services from the client, instead of traditional monetary payment.
Unethical
Actions or behavior that violate professional standards, ethical codes, or moral principles.
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