LEGAL ASPECTS OF BUSINESS 4 LEGAL ASPECTS OF BUSINESS Task 1 The United Kingdom has ranked as the seventh most business-friendly environment where businesses can expand and sustain their future growth (Doing Business, 2018). The section 1 provided that a partnership is referred to business relationship between two or more individuals for carrying out the business in common for generating profits (Legislation, 2018a). Its disadvantages include lack of separate personality, disagreement leads to the dissolution of entire partnership and informality in case a