A disadvantage of the partnership form of business organization is
A) its limited access to capital.
B) its limited liability.
C) that it can issue only one class of stock.
D) that the owners must fight a lot of red tape to form the firm.
Correct Answer:
Verified
Q254: Which form of business organization accounts for
Q255: In a partnership of two people
A) each
Q256: Which of the following is the most
Q257: The most common form of business organization
Q258: A disadvantage of the proprietorship form of
Q260: An advantage of the proprietorship as a
Q261: All of the following are advantages of
Q262: When a business is considered by law
Q263: A normal rate of return on investment
Q264: Interest is paid to
A) all holders of
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