Переведите текст. Partnerships 1. Partnerships comprise between two and twenty people

Переведите текст. Partnerships 1. Partnerships comprise between two and twenty people who contribute capital and expertise to a common enterprise. Only in special circumstances can the number of partners exceed twenty. The legal rules under which partnerships must be established were set in the Partnership Act 1890. 2.It is usual when setting up partnership to draw up a legal document stating how much capital has been contributed to the business by each partner, the share of profits they shall receive and rules for electing new partners. 3.A partnership offers a number of advantages to business. A group of partners will be able to raise more capital than an individual sole trader. Partnerships also benefit from a greater range of expertise. We commonly find partnerships in the professions, such as accountants, solicitors and estate agents. It could be that some of the partners are sleeping partners that is, they contribute capital to the business but take no part in the running of it. 4. Partnerships reduce the pressure on the owners of the business. Decisions can be taken jointly. 5. However, they suffer from a number of disadvantages. There is a limit to the amount of capital that even twenty partners can raise. Partnerships are often short of capital when expansion is being considered. As with sole trades, most partnerships suffer from unlimited liability with all the risks for partners private possessions. The exceptions are limited partnerships which can exit so long as at least one partner has unlimited liability.