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) they can issue stock.
Correct Answer:
Verified
Q24: Selling an interest in a partnership may
Q25: Articles of partnership are required by many
Q26: All states require partnerships to have articles
Q27: In a general partnership,each partner is liable
Q28: What are the advantages of sole proprietorships
Q30: A limited partnership always has at least
Q31: In a partnership,all partners are equally liable.
Q32: When are limited partnerships generally used?
A) When
Q33: What are sole proprietorships? Provide an example.
Q34: Why is taxation considered both an advantage
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