What will happen if business partners fail to establish articles of partnership? a. they will be subject to more personal liability. b. their start-up costs will be much higher. c. they will fall under the uniform partnership act. d. the risk of their business failing is greater.

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

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