1.   A successful partnership should have as one of its basic principles a recognition of the similarities between participants.

2.   By contrast, recent partnerships have both parties equally active in pursuing their problematical objectives.

3.   Mark also assumed that his new business partnership would have its evolutionary stages as well.

4.   One major advantage the development partnership had was the perception of Zeckendorf as different from other potential landlords.

5.   Partnerships have a strong vested interest in the quality of output of the examination system and in its cost-effectiveness.

6.   Partnerships have the same tracing problems as sole proprietorships.

7.   The property of a partnership belongs to all the partners in common, since the partnership itself has no legal personality.

8.   This partnership has a good chance of success.

9.   A. The partnership may have an advantageous cash basis for accounting for profits without any work in progress calculations.

10.   Although there are no major tax benefits, a partnership has the advantage of centralizing property management decisions in the hands of one person, Balk said.