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Corporations and Business Structure | Presentation

   

Added on  2022-09-18

8 Pages538 Words19 Views
Corporations
and Business
Structure
Corporations and Business Structure | Presentation_1
Introduction
Understanding of formation and legal
requirements of a business structure is
significant.
It can enable parties to ensure that they select
the most suitable structure for themselves.
Partnership is a common structure selected by
parties due to its advantages.
It is relatively easy to set up and it allows two or
more individuals to start a business.
Corporations and Business Structure | Presentation_2
Overview of business
structure
In Australia, partnerships are divided into two
parts: general and limited.
In general partnerships, partners share equal
profits and losses.
In limited partnerships, partners are able to
limit their liability to an extent (Business, 2020).
In this case, selection of a limited liability is
suitable for you want to limit your personal
liability in the business.
Corporations and Business Structure | Presentation_3

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