What will happen if business partners fail to establish articles of partnership?


a.They will be subject to more personal liability.

b.Their start-up costs will be much higher.

c.They will fall under the Uniform Partnership Act.

d.The risk of their business failing is greater.

Respuesta :

If business partners fail to establish articles of partnership they will fall under the Uniform Partnership Act. 

This Act serves as a governance of business partnerships. This act gives a framework design to establish how partnerships should be working together and how they will be held accountable for actions taken.