The income earned by a partnership will always be greater than the income earned by a proprietorship because in a partnership there is more than one owner contributing to the success of the business.

Question

Quizplus · Accepted Answer

The income earned by a business, whether a partnership or a proprietorship, depends on various factors such as the nature of the business, market conditions, and management efficiency, not solely on the number of owners.

The Income Earned by a Partnership Will Always Be Greater