Four of the disadvantages of a partnership are (1)unlimited liability, (2)limited life of the organization, (3)difficulty of transferring ownership,and (4)difficulty in attracting large amounts of capital.

Name: Four of the disadvantages of a partnership are (1)unlimited liability, (2)limited life of the organization, (3)difficulty of transferring ownership,and (4)difficulty in attracting large amounts of capital.
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Quizplus · Accepted Answer

These are indeed four commonly recognized disadvantages of a partnership.

Four of the Disadvantages of a Partnership Are (1)unlimited Liability