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24 September, 02:38

In what ways are partnerships able to attract more capital than sole proprietorships? Explain.

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  1. 24 September, 02:57
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    Partnerships have a better tendency of attracting capital compared to the sole proprietorship type of business. This is because partnership are usually made up of big business and many people. These people brought with them capital and with that loan opportunities become bigger too thus, easier to innovate and improve business.
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