• Allows users to share resources and files located on their computers and able to access shared resources which found on other computers.
• Do not have a file server or a contralized management source.
• Designed primarily for small to medium local area networks. 

Advantages of a peer-to-peer network:

• Less initial expense, because it does not required a dedicated server.
• Simple setup, an operating system is already in place, only need to be reconfigured for peer-to-peer operations.

Disadvantages of a peer-to-peer network:

• Decentralized – means no central repository for files and applications.
• Low security - it does not provide the security available on a client/server network.