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Vision Tec, an advanced technology company in the Midwest, is developing their new Vision System product for the lucrative Pharmaceutical Market. This system uses a high-resolution camera to inspect drug labels to ensure they contain the proper information to meet the ever evolving governmental standards. Your task is to organize the product development process for this revolutionary product which could save countless lives.
Suppose a partnership is set up and operated without a formal partnership agreement. What problems might arise?
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