# data[].attributes.body
1. two or more people

It is a business owned by two or more people associates as partners to advance their mutual interests.

Generally, partnership businesses must fold if there is only one surviving owner.

2.profits divided on the partnership agreement

The business profits (or losses) are usually divided among the partners based on the partnership agreement.

3.separate from the personal activities

Partnership activities must be kept separate from the personal activities of the partners for accounting purposes.

4.types

there are several types of partnership including general partnership, limited partnership, and limited liability partnership.

5.liability of partners in a general partnership is unlimited

Each partner of a partnership firm is jointly liable with the other partners for all of the debts and obligations of the partnership incurred while such person was a partner.

# data[].attributes.body
1. Combining skills and resources of two or more individuals

Great partners may bring a wide range of expertise for different parts of a business.

They may also bring knowledge, experience and skills to help grow the business.

Partners can bring new perspectives to a business, decreasing blind spots of growing a business.

2. Ease of formation

Created when two or more people voluntarily agree(verbally or written) to carry on a business with a view to profit.

3. Freedom from governmental regulations and restrictions

Compared to corporations, partners can just come together to form a partnership. Regulations do not impact on a partnership too much.

4. Ease of decision making

There are not too much owners in one partnership. It is easy to make a decision together.

5. More capital to start a business

More people can bring more cash to a partnership. Also, they may have more connections, attract potential investors and then raise more capital to expand business.

# data[].attributes.body
1. Liabilities

The liability of the partners for the debts of the business is unlimited.

A partnership entails sharing revenues and assets, as well as accepting responsibility for any firm losses and responsibilities, even if they are committed by the other partner.

2.Loss of Autonomy

You would now share control with a partner in a partnership, and crucial decisions would be made jointly.

3.Future Selling Complications

You or your partner may decide to sell the company if your circumstances change in the future. If one of the partners isn't interested in selling, this might be a problem.

4.Lack of Stability

The shift brought on by a partner's circumstances might produce company instability.

# data[].attributes.body
1.Lockhart/Gardner & Canning

this is a frictional law firm of a famous American TV show The Good wife

2.Ernst & Young LLP

Ernst & Young Global Limited, doing business as EY, is a multinational professional services network with headquarters in London, England. EY is one of the largest professional services networks in the world.