Final answer:
The two main drawbacks of a partnership for Aurelia and Nadine are shared personal liability for business actions and debts, and the limited lifespan of the partnership, which could result in restructuring if a partner exits.
Step-by-step explanation:
One of the first drawbacks of a partnership for Aurelia and Nadine is that they would be equally responsible for each other's actions within the business. If Aurelia or Nadine incurs debts or acts irresponsibly, the other partner would be liable for those actions and debts. This means that personal assets might be at risk in the case of bankruptcy or legal issues because of the personal liability each partner holds.
Another significant drawback is the limited lifespan of a partnership. When one partner decides to leave or unfortunately passes away, the partnership's legal existence may cease, and the business might need to be restructured. This can lead to instability and uncertainty regarding the business's future, affecting its operations and potentially its profitability.