Marilyn and her sister Sharon opened a business that sold homemade bath products in decorative baskets
After many successful years, Marilyn wanted to hand down her part of the business to her daughter, Louise. But Sharon did not want to partner with Louise. Sharon insisted that Marilyn sell her Marilyn's share of the business. This situation reflects one of the three basic drawbacks of being a partnership.
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Difficulty ending or changing a partnership or passing the business along is a drawback of being a partnership. In this case, Sharon was unwilling to work with Marilyn's daughter but was willing to buy Marilyn out.
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