Which of the following is NOT a DISADVANTAGE of a partnership?

A) Unlimited liability to at least some of the owners
B) The limited life of the business
C) The potential difficulty in transferring ownership
D) All are disadvantages of a partnership.

Answer: D

Business

You might also like to view...

Reuse is one of the 3 Rs for sustainability

Indicate whether the statement is true or false

View

Business

A principal has a duty to cooperate with the agent and to assist the agent in performing his or he duties.?

Indicate whether the statement is true or false

View

Business