A
partnership is a business arrangement in which two or more people jointly own a
business, sharing (Причастие I, обстоятельство) the profits and being (Причастие I, обстоятельство)
jointly responsible for any losses. Some
large partnerships, such as famous law and accounting firms, may have over a hundred
partners, usuallyall taking (Причастие I) an
active interest in the business. (независимый причастный оборот)Any
business needs some financial capital, money to start the business and finance
for its growth, paying (Причастие I, обстоятельство) for stocks, machinery, or
advertising before the corresponding (Причастие I, определение) revenue is earned. (Причастие II, часть сказуемого) Firms
of lawyers, accountants, or doctors, business relying (Причастие I, определение ) primarily
on human expertise, need relatively little money for such purposes. The
necessary funds can be raised (Причастие II, часть сказуемого) from the partners and, possibly, by a loan from
the bank.