题目内容
For the very large organizations of modern industry and commerce, the amount of capital needed and the potential losses which might result from collapse are very large.
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In "limited"partnerships, a partner can limit his liability to the amount he contributes.
This guarantees that the people who invest in the company will not lose more than the amount of their investment if the company fails or causes injury.
The public limited company can appeal to the public to subscribe capital.
Another very obvious disadvantage of partnerships is that conflict between partners can wreck the company.
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