Steven has been your best friend since grade school you


Question: Steven has been your best friend since grade school. You have decided to quit your jobs and start up a bakery together since you both love bread. He insists he wants to start the business as a partnership. You want to persuade him to start up the business in another form of organization. What three reasons would you give to Steven as to why another form is best for you both?

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Microeconomics: Steven has been your best friend since grade school you
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