Need 2 advantages and disadvantages of partnership business formation for Wester

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wnaqf

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Business Finance

Description

Need 2 advantages and 2 disadvantages of partnership business formation for Western Beef of Florida, LLC and Publix Supermarkets, Inc. and provide example of each to support your response.

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Explanation & Answer

advantages

1. larger financial resources

2. close supervision

3. flexibility of operations

disadvantages

1. unlimited liability

2. lack of harmony

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Supply Chain and management

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