All of the following are advantages of the partnership form of organization except
A) unlimited liability.
B) retention of profits.
C) combined skills and knowledge.
D) better access to capital and credit.
E) ease of start-up.

Question

Quizplus · Accepted Answer

Unlimited liability is a disadvantage of the partnership form of organization as each partner is personally liable for the debts and obligations of the partnership.

All of the Following Are Advantages of the Partnership Form