Which of the following is not an advantage of a partnership?
A) Limited liability
B) Easy to form
C) Profits are subject to only personal taxation
D) Permits more effective specialization in occupations
Correct Answer:
Verified
Q163: A legal organization of a firm where
Q176: Which of the following is not an
Q177: Mary and Jane are partners in a
Q177: Expenses that a firm does not have
Q182: Compared to a proprietorship, a disadvantage of
Q184: The most likely source of investment funds
Q188: A difference between a proprietorship and a
Q191: Corporations are responsible for approximately what percentage
Q193: The owner(s) of a corporation
A) is the
Q194: Which of the following statements about business
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