Gurprinder and Harjinder decided to form a partnership and operate a business together. Harjinder is much more

Question:

Gurprinder and Harjinder decided to form a and operate a business together. Harjinder is much more cautious and concerned about keeping expenses to a minimum than Gurprinder. Harjinder also has significantly more personal assets than Gurprinder. Should Harjinder have any concerns about using the form of business organization to operate this business? Explain.
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...