What if you decide to invest in another way? Here are some pros and cons to invest, but not with subscription agreements. Overall, a partnership is a commercial agreement between two or more people, all of whom have personal ownership of the company. The partnership company does not pay taxes. Instead, profits and losses are paid to each partner. Partners pay taxes on their share of the partnership`s taxable income distribution, based on a partnership agreement. Law firms and audit firms are often formed as general partnerships. Subscription contracts are the most common in startups and small businesses. They are used when entrepreneurs do not have the resources to cooperate with venture capitalists or to make the company public. “security,” a note; Stocks; shares of its own The future of security Liaison Debt securities Proof of debt Certificate of interest or participation in a profit-sharing agreement collateral Trust certificate; Pre-organization certificate or subscription; Transferable shares Investment contract The Certificate of Confidence in Voting Certificate of security deposit; an indisciplive interest in oil, gas or other mineral rights; bet, appeals, appeals, options or privileges on a guarantee, certificate of deposit or group or securities index, including interest in or on the basis of its value; Securities, calls, appeals, options or liens registered on a national stock exchange with respect to foreign currencies; or, in general, an interest or instrument commonly referred to as “security”; either a certificate of interest or participation in a temporary or provisional certificate for receipt, warranty or warranty or the right to subscribe or acquire any of the above information. The term includes both certified and unse certified safety. The term does not include an insurance or foundation policy or pension contract under which an insurance company promises to pay a sum of money, either lump sum or periodically, for a fixed life or other period; or an interest in a contributory or non-contributory pension or a social plan subject to the Employee Retirement Income Security Act of 1974. An “investment contract” includes, among other things, a stake in a single limited partnership, a participation in a limited liability company, a participation in a viatic liquidation or similar agreement, as well as an investment in a joint venture that expects the profits to be derived primarily from the efforts of a person other than the investor, and a “joint venture” in which the investor`s wealth with that of the person offering the investment , is interconnected. , a third party or other investors.