Business, 12.03.2020 21:57, janyiareese12

1) When Gordon and Scott started their business, they contributed equal amount of capital, but did not sign a formal agreement. What type of business entity would they be presumed to have formed and how would any profits be divided? If they wanted to limit their liability but still remain a small enterprise, what are their options? Which type of liability organization would you recommend and why?

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1) When Gordon and Scott started their business, they contributed equal amount of capital, but did n...