Legal aspects of farm partnerships
In 1978, 10.8 percent of all farms in Missouri with annual sales of $2,500 or more were operated as partnerships. In 1982, 9.9 percent of all farms in Missouri conducted business on a partnership basis, as did 13 percent of Missouri farms with annual sales of $10,000 or more. As illustrated by these statistics, farm partnerships constitute a significant portion of the farm businesses in Missouri.
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