Partnerships 0.0 / 5 ? Business StudiesOwnership and controlGCSEWJEC Created by: 11CJamesCreated on: 06-01-16 10:42 Partnerships Partnerships have at least 2 owners and up to 20 owners. They can employ many workers. The business is unincorporated (the owner is the business and the business is the owner). Unlimited Liability (could lose everything). You should have a Deed of Partnership which details who contributes what to the business and who takes what from the business. If there is no Deed of Partnership, everything must be split equally. 1 of 1
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