Partnerships offer more flexibility in allocating income among owners than S corporations.

Name: Partnerships offer more flexibility in allocating income among owners than S corporations.
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Partnerships allow for more flexibility in allocating income among owners, as they can determine profit-sharing arrangements and allocate income and losses according to each partner's contribution, whereas S corporations have limitations on allocating income based on each shareholder's percentage of ownership.

Partnerships Offer More Flexibility in Allocating Income Among Owners Than