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7 October, 06:13

What will happen if business partners fail to establish articles of partnership?

a. They will be subject to more personal liability.

b. Their start-up costs will be much higher.

c. They will fall under the Uniform Partnership Act.

d. The risk of their business failing is greater.

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  1. 7 October, 06:38
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    If business partners fail to establish articles of partnership they will fall under the Uniform Partnership Act.

    This Act serves as a governance of business partnerships. This act gives a framework design to establish how partnerships should be working together and how they will be held accountable for actions taken.
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