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Btec Business Level 3 Unit 1

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1. There are several different types of business partnerships. I wasn’t aware that by being a partner within a business, it doesn’t always mean they share an equal role. Some are more involved in the everyday operations while others stay behind the scenes. A general partner takes on the role as the “overseer” and is active within the operations. A limited partner is someone who invests in a company but really has no other responsibilities. A master limited partnership can trade their units of ownership to raise

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