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What about the partnership characteristics of mutual agency

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Problem 1: Jerry is confused about the partnership characteristics of mutual agency and unlimited liability. Briefly explain these two characteristics for Jerry.

Problem 2: Brent Houghton and Dick Kreibach are considering a business venture. They ask you, as business consultant, to explain the advantages and disadvantages of the partnership vs. corporation form of organization. Please provide them with your advice briefly.

Reference no: EM132472803

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