Question 1: A prominent quantity surveyor engaged unregistered quantity surveyor because of his excellence, advice. Partnership is a business structure in which two or more individuals or entities come together and pool their resources, skills, and expertise to operate a business. Under a partnership agreement, partners share profits, losses, and liabilities. There are different types of partnerships, including general partnerships, limited partnerships, and limited liability partnerships. In a partnership, partners work together towards a common goal and share the risks and rewards of the business. Communication, trust, and mutual respect are important in fostering a successful partnership. Now for a prominent quantity surveyor who has engaged an unregistered quantity surveyor to be a partner he should consider the following 1. Check the unregistered partner's credentials: While excellence is the reason for the partnership, it's essential to make sure that the partner has the necessary qualifications and experience. Verify their educational background, relevant work experience, and other credentials to ensure that they have the expertise required. 2. Make legal arrangements: The unregistered quantity surveyor may not be licensed to practice as a quantity surveyor. Therefore, the prominent surveyor must make necessary arrangements with legal professionals to ensure all aspects of the partnership comply with relevant laws and regulations. 3. Define the terms of the partnership: Draft a clear partnership agreement, covering the roles and responsibilities of each partner, the division of profits, and any other necessary terms. This agreement may also address how to dissolve the partnership in case of any disagreement or changes in circumstances. 4. Communicate regularly: Establish open and frequent communication channels with the partner to ensure all aspects of the partnership are functioning smoothly. This includes providing regular feedback, sharing ideas, and addressing concerns. 5. Reputation and track records: a prominent quantity surveyor must research the unregistered quantity surveyor’s reputation, track records, and past project to ensure that they have a good reputation and can deliver quality Apart from the above mentioned the prominent quantity surveyor should also take note of the risks that are involved with the engagement which are 1. Inadequate knowledge and experience: An unregistered quantity surveyor may lack the necessary knowledge and experience required to carry out a project. This could leave the partner exposed to risk and the project may not be completed to the required standard, leading to potential legal disputes. 2. Non-compliance with regulations: Quantity surveyors are required to be licensed and registered with professional bodies in many countries. Engaging an unregistered quantity surveyor as a partner may lead to non-compliance with statutory regulations and may put the partner's reputation at risk. 3. Poor quality of work: An unregistered quantity surveyor may not have the appropriate tools and resources to carry out a project as expected, leading to poor quality workmanship. 4. Liability for errors: If an unregistered quantity surveyor makes a mistake while carrying out a project, the liability may rest with the partner. This could result in financial losses and damage to reputation. 5. Limited access to professional indemnity insurance: Professional indemnity insurance is an essential requirement for all quantity surveyors. However, an unregistered quantity surveyor may not have access to this insurance, which means that the partner may not be covered in the event of a claim or dispute. 6. Lack of redress: If a project goes wrong, the partner may not have any recourse to redress the situation from an unregistered quantity surveyor who does not have a professional body to report to. 7. Professional Liability: An unregistered quantity surveyor may not have the skills, training, or experience to provide accurate and reliable quantity surveying services. If their services result in errors, omissions, or negligence, it could lead to financial losses for the firm and its clients. 8. Legal Consequences: Engaging an unregistered quantity surveyor can result in legal consequences if their work is found to be substandard or in violation of the law. They may not have the proper licenses or permits to practice quantity surveying, which could lead to legal liabilities for the firm. 9. Reputation Damage: Failing to use a registered quantity surveyor could harm the company's reputation as choosing to partner with an unregistered practitioner raises significant concerns about the quality of work and ethics of the company. 10. Professional Ethics: The professional ethics of the firm can be questioned and under scrutiny when partnering with an unregistered quantity surveyor, compromising the firm's reputation and the ethical principles that it embraces. 11. Unfair Competition: Firms that engage in unethical practices can gain a competitive advantage by providing cheaper services than the established businesses that comply with the law and the industry standards. This can lead to a loss of clients for ethical firms, creating unfair competition. However engagement of the unregistered quantity surveyor as partner because of his excellence also has its ow benefits such as 1. Expertise level: Unregistered quantity surveyors can provide specialized knowledge and skills that can complement the expertise of a prominent quantity surveyor. 2. Flexibility: Using an unregistered quantity surveyor provides more flexibility in terms of the scope of the project and the services required. It also allows for a more customized approach to each project. 3. Broader perspective: Unregistered quantity surveyors may bring new ideas and fresh perspectives to the project, which can be valuable in finding innovative solutions. 4. Collaboration: Collaborating with an unregistered quantity surveyor can foster a teamwork environment where knowledge and expertise are shared, leading to better results for the project. In conclusion, partnering with an unregistered quantity surveyor brings many ethical risks, both for the company and its clients, which could potentially lead to legal troubles undermining the company's reputation, ethics and corporate social responsibility. REFERENCES Partnership – advantages and disadvantages | Business Tasmania. 2023. Partnership – advantages and disadvantages | Business Tasmania. [ONLINE] Available at: https://www.business.tas.gov.au/manage_a_business/tax/choosing_a_business_structure/ partnership_advantages_and_disadvantages. [Accessed 08 March 2023].
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