A disadvantage of a general partnership is that the liquidity of each partner's investment is low.

Question

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In a general partnership, each partner typically has a right to a portion of the profits, losses, and management responsibilities of the business. However, the ownership interest of each partner cannot be easily sold or transferred without the agreement of all partners. This can make it difficult for a partner to exit the business or obtain cash for their ownership interest if needed, reducing the liquidity of their investment.

A Disadvantage of a General Partnership Is That the Liquidity