Quarrels among business associates have become common.The associates quarrel over what products the firm should sell, division of authority, selection of personnel, whether to bring family members into the business, whether to expand, and who is contributing most to the firm's success.Such feuding, which damages business relationships, occurs most frequently in what form of business?
A) Partnerships
B) Cooperatives
C) Corporations
D) Sole trading
E) S-corporations

Question

Quizplus · Accepted Answer

Partnerships are a form of business where two or more people pool their resources to start and run a business. With shared decision-making, disagreements among partners can arise regarding various aspects of the business, leading to quarrels and damaged relationships. In other forms of business, such as corporations, there is a clear hierarchy and decision-making process in place, reducing the likelihood of interpersonal conflicts.

Quarrels Among Business Associates Have Become Common