Which one of the following would not be considered a disadvantage of the partnership form of organization?
A) Limited life
B) Unlimited liability
C) Mutual agency
D) Ease of formation

Question

Quizplus · Accepted Answer

Ease of formation is considered an advantage of the partnership form of organization, as it does not have the complex legal requirements of other forms of organization. Limited life, unlimited liability, and mutual agency are all considered disadvantages.

Which One of the Following Would Not Be Considered a Disadvantage