answersLogoWhite

0


Best Answer

the work is split up so it's not as hard as sole proprietorship, and that since there's multiple people running it, you can specialize the task allowing more efficiency. another thing is there's less liability. of the company goes bankrupt, all the owners split the money they owe.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: The economic principle which gives advantage to partnerships over sole proprietorships is?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the basic economic principle that decides how high wages will be?

Supply and demand is the economic principle that decides how high wages will be


What is the principle of Laissez Faire?

the principle of opposing government interference in economic affairs


What has the author Clifford Rossi written?

Clifford Rossi has written: 'Estimating the effects of tax reform on farm sole proprietorships' -- subject(s): Agriculture, Economic aspects, Economic aspects of Agriculture, Farmers, Taxation


What is one economic principle?

an economic princple is a widely accepted behaviour of individuals and firms


What was slavery used for?

For economic advantage.


What is an economic advantage of piezoceramics?

The economic advantage of piezoceramics is that it is inexpensive and economical. This is because it makes use of less electricity than EEPROMS.


What is a well-tested economic theory called?

a principle.


Is economic principle a non profit business?

true


What are the 3 branches of government here in the Us and list one principle about it?

judicial, political and economic. I am not sure what you mean by a principle, a principle for which one?


Fundamental principles of insurance?

Actual loss compensation principle of Economic InterestPrinciple of utmost good faithActual loss compensation principle of Economic InterestPrinciple of utmost good faith


What is the advantage of scale of preference in economic?

it is a scince


What is the basic economic that decides how high wages will be?

Supply and demand is the economic principle that decides how high wages will be