An advantage of partnerships when compared to proprietorships is
A) if one partner disagrees with a change, the partnership cannot make the change
B) all partners are bound by all contracts made by the partnership
C) operations are usually less efficient because of shared management
D) more capital is usually available

Question

Quizplus · Accepted Answer

Partnerships often have access to more capital compared to sole proprietorships because all partners can contribute resources, making it easier to fund operations, invest in growth, or cover expenses.

An Advantage of Partnerships When Compared to Proprietorships Is