Which of the Following Is NOT an Advantage of a Partnership

question 1

Multiple Choice

Which of the following is NOT an advantage of a partnership?

• A) Partners' income taxes may be less than the income taxes would be on a corporation.
• B) Each partner has limited liability.
• C) It is possible to bring together more managerial skills than in a sole proprietorship.
• D) It is possible to bring together more capital than in a sole proprietorship.

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Definitions:

Psychotherapy

A form of treatment for mental and emotional disorders, utilizing psychological techniques designed to encourage communication of conflicts and insight into problems.

Alfred Adler

An Austrian medical doctor and psychotherapist who founded the school of individual psychology and introduced concepts such as the inferiority complex.

Style of Life

A concept introduced by Alfred Adler, referring to an individual's unique way of achieving superiority and managing lifestyle tasks.

Social Interest

A concept in psychology that refers to an individual's attitude towards and level of engagement with their community and society at large.