Which of the Following Is an Advantage of a Partnership

question 7

Multiple Choice

Which of the following is an advantage of a partnership?

• A) No license, charter, or agreement legally required
• B) Joint liability for company debts
• C) Least regulated form of business
• D) Ownership is easy to transfer
• E) Can raise money using capital markets (debt and equity)

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Definitions:

Fulfillment Process

The series of steps involved in processing and delivering orders to customers, including inventory management, order packing, and shipping.

Cloud-Based ERP

Enterprise Resource Planning systems hosted on remote cloud servers, accessible over the internet, offering scalability and flexibility.

Access

The permission or ability to enter, approach, or use something or someone.

SaaS

Software as a Service, a cloud computing model where applications are hosted by a service provider and made available to customers over the internet.