In Scenario 2-1 Above,what Would Be the Major Advantage of Establishing

question 90

Multiple Choice

In Scenario 2-1 above,what would be the major advantage of establishing her business as a general partnership?

• A) Independence
• B) Limited liability
• C) Pooled talents and resources
• D) Double taxation

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Definitions:

Family History

The record of diseases and health conditions present in one's relatives, which can impact an individual's risk of developing certain conditions.

Breast Cancer

A type of cancer that forms in the cells of the breasts, potentially affecting both men and women, but more common in women.

Disseminated Cancer

Cancer that has spread from the original (primary) site to other parts of the body, often through the bloodstream or lymphatic system.

Metastatic Cancer

Cancer that has spread to other parts of the body from its original site.