Which of the following is an advantage of a partnership over a sole proprietorship?
A) the potential to successfully achieve management by consensus
B) the potential of each partner to devote significant attention to the business
C) the potential to share all profits as partners see fit
D) the potential for a stronger management base

Question

Quizplus · Accepted Answer

A partnership allows for multiple individuals to share in the management responsibilities, which can result in a stronger management base compared to a sole proprietorship.

Which of the Following Is an Advantage of a Partnership