partnership...........refer to law
there is very weaknesses to form a partnership.........
some weaknesses.
-over power might happen
-personal usage of assets.
-authorization miss used
-lack disclosure with the partners.
-argument.
-secret profit
-miss used of company assets
-all the activities done by the partner must be disclosure to other partner.
some info of partnership
- there have two type of partnership
1. sleeping partner- who only give the fund in other to run the company.
2. active partner- all the partner involve in doing the business.
p/s: there is nothing, without problem or weaknesses, but before doing something u must sure u make the right decision.