Jane has been working in the floral business for over ten (10) years. She will like to
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Jane has been working in the floral business for over ten (10) years. She will like to start her own online floral shop for the Toronto market. Jane has personal savings of $2000 and borrowing power of $20,000. Her friend John has personal savings of $1000 and borrowing power of $ 2000. He has never worked in the floral business. John suggests that Jane and he enter a partnership agreement for the online flower shop.
Please suggest if you agree with a partnership or not. Please give your reasons
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Related Book For
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
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