Partnerships 👥

🎯 Learning Targets

• Explain how general partnerships and limited partnerships differ
• Describe the advantages of organizing a partnership
• Describe the disadvantages of organizing a partnership

⏰ What We Did

• Collected Tuesday's "Lesson 1 Lesson Review"
• Returned and discussed Monday's "Understanding Graphs" assignment
• Used the instructional notes from Lesson 2, Part 2 to answer the following questions in complete sentences:

1. Define partnership, general partnership, and limited partnership.
2. Compare general and limited partnerships. Would you rather be a general partner or a limited partner? Explain your answer.
3. Why might two or more people agree to become partners in a business?
4. What challenges do partnerships face?

💻 Homework

• Watch and take notes on Lesson 2, Part 3: Corporations, before class tomorrow