Like a sole proprietorship,a partnership suffers from the disadvantage of:
A)poor capital accumulation.
B)limited liability for all owners.
C)double taxation of profits.
D)the complexity of regulations under which it must operate.

Question

Quizplus · Accepted Answer

Partnerships, like sole proprietorships, have limited ability to accumulate capital. This is because the owners are responsible for all business expenses and the profits are typically split among partners, leaving little leftover for business growth and expansion.

Like a Sole Proprietorship,a Partnership Suffers from the Disadvantage Of