Types of Partnership.”

Description:
Week 3 Discussion
“Types of Partnership.” Please respond to the following:
You, Tony and Sheila decide that perhaps a general partnership is not your best option (see last week’s discussion question). Tony suggests that you form a limited partnership. Sheila thinks that you should form a limited liability partnership. Discuss whether any of these types of business formations would be appropriate. Focus on the pros and cons of each.

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