Which of the Following Is an Advantage of General Partnerships

question 40

Multiple Choice

Which of the following is an advantage of general partnerships?

• A) Partners capitalize on complementary skills.
• B) All partners have limited liability.
• C) A partner's investment stays with the company even when he or she withdraws.
• D) Partnerships have negligible scope for disagreements.

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Definitions:

B2B Sales

Business-to-Business sales involve transactions between two companies, rather than between a company and individual consumer.

Preapproach Stage

The stage in the selling process where the salesperson gathers information and prepares for a sales presentation.

Personal Selling Process

A direct method of selling where a salesperson personally presents products or services to potential customers with the aim of making a sale.

Reservation

The act of booking or securing a service or space in advance, such as a hotel room, a table at a restaurant, or a ticket for an event.