One Advantage of a Partnership Over a Sole Proprietorship Is

question 141

Multiple Choice

One advantage of a partnership over a sole proprietorship is:

• A) greater accountability.
• B) limited liability.
• C) ease of formation.
• D) the ability to share the work and risks of business.

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Definitions:

Cotton Fields

Vast agricultural lands in the southern United States where cotton was grown as a primary crop, heavily reliant on slave labor before the Civil War.

Western Alabama

A region in the state of Alabama, characterized by its historical, cultural, and economic distinctiveness from other parts of the state.

Geographic Area

A specific portion of the earth's surface distinguished by natural and/or human-made boundaries.

Slave Religion

The religious practices and beliefs developed by enslaved African Americans in the United States, combining elements of African, Christian, and other religious traditions.