Which of the following pairs of corporation characteristics are easiest for a partnership to avoid?
A)business objective and centralized management
B)continuity of life of the business and limited liability
C)two or more associates and free transferability of assets
D)continuity of life of the business and transferability of assets

Question

Quizplus · Accepted Answer

continuity of life of the business and transferability of assets. Partnerships may seek to avoid continuance of the business life and asset transfer. The other choices are too important for partnerships to sacrifice.

Which of the Following Pairs of Corporation Characteristics Are Easiest