Compared to the proprietorship,the partnership has the disadvantage of
A) limited liability to each partner.
B) encountering more red tape to remain in existence.
C) double taxation of each partner.
D) finding more difficulty in securing funds and specialized know-how.
E) unlimited liability of each partner.

Question

Quizplus · Accepted Answer

The Answer of Compared to the proprietorship,the partnership has the disadvantage of
A) limited liability to each partner.
B) encountering more red tape to remain in existence.
C) double taxation of each partner.
D) finding more difficulty in securing funds and specialized know-how.
E) unlimited liability of each partner.

Compared to the Proprietorship,the Partnership Has the Disadvantage of