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Which of the Following Is an Advantage of Partnerships Over

Question 57

Multiple Choice

Which of the following is an advantage of partnerships over sole proprietorships?


A) Partnerships are easy to form,whereas sole proprietorships are not.
B) In partnerships,all owners have limited liability,whereas in sole proprietorships they have unlimited liability.
C) Partnerships make possible the greatest degree of secrecy,whereas sole proprietorships do not.
D) In partnerships,the owners have access to more funds than in sole proprietorships.
E) In partnerships,the owners have complete control of the business,whereas in sole proprietorships they do not.

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