Which of the Following Is a Disadvantage of Partnerships Over

question 8

Multiple Choice

Which of the following is a disadvantage of partnerships over sole proprietorships?

• A)Unlike sole proprietorships,partnerships do not face any regulatory controls that affect their activities.
• B)In partnerships,all owners have unlimited liability,whereas in sole proprietorships they have limited liability.
• C)In partnerships,profits have to be shared,whereas in sole proprietorships all profits belong exclusively to the owner.
• D)In sole proprietorships,the owners have access to more funds than in partnerships.
• E)Unlike a sole proprietorship,a partnership is terminated when a partner dies or withdraws.

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Definitions:

Client Records

Documentation pertaining to the healthcare services provided to a patient, including medical history, treatment plans, and progress notes, essential for ensuring continuity and quality of care.

Chronological Order

The arrangement of events in the order of their occurrence in time, typically from earliest to most recent.

Narrative Charting

A descriptive record of client data and nursing interventions, written in sentences and paragraphs.

Nurse's Shift

The designated working period for nurses, often involving rotational schedules due to the 24/7 nature of healthcare services.