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The responsibility for the business is shared

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9y ago
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8y ago

The responsibility for the business is shared.

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Madison

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4y ago

Specialization. A+

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Q: Which of he following is an advantage of a partnership?
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Related questions

Which of the following is not an advantage of a corporation over a partnership?

Corporations have an easier time raising money to start or expand a business.


Which of the following is an advantage of setting up a business as a partnership?

The risks of owning the business are divided among a group of people Study Island. :)


Which of the following is an advantage of a partnership over a sole proprietorship?

The question is incomplete. There are no options given (for "which of the following") to answer this question.


Advantage and disadvantage of partnership?

One advantage of a partnership is being able to share the cost. One disadvantage is having to make sure the other person is okay with your ideas.


The advantages and disadvantages of a partnership?

One disadvantage to having a partnership is the fact that you have to share your profits. An advantage to having a partnership is the fact that if the business fails you can share the losses.


What advantage does a partnership have over a sole proprietorship?

The responsibility is shared.Burden of dept can be shared.


What has been an advantage of partnership over the sole proprietorships?

No options are given to answer this question.


Of the following, which is not typically a general partnership?

manicurist in a salon


Which of the following terms represents a business that is similar to a general partnership, except that in addition to general partners there are one or more limited partners?

limited partnership a+


What were the advantage of corporations over partnership Why were they good for investors and partner?

Corporations have limited liability.


Is not an advantage of a limited partnership?

All partners have to agree with echother when makeing business decisions.


What are the advantages of a partnership business?

There are a number of advantage of partnership business. The process of making decisions is shared, there is also shared liability in the business among other things.