It is easier to raise funds in a partnership than in a sole proprietorship because
A) more people means greater earning power and credit.
B) partners have better organizational control.
C) banks know them better.
D) partners have more combined experience.
E) all of the above.
Correct Answer:
Verified
Q19: If you want to go into business
Q20: The income earned by sole proprietorships is
A)taxed
Q21: A limited partnership involves a complete sharing
Q22: Which of the following is not a
Q25: Articles of partnership are required by many
Q27: In a general partnership,each partner is liable
Q30: A limited partnership always has at least
Q33: What are sole proprietorships? Provide an example.
Q39: The legal documents that identify the basic
Q40: In a partnership,if the goals of one
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents