A General Partnership Has Advantages Which Are Similar to a Sole

question 170

Short Answer

A general partnership has advantages which are similar to a sole proprietorship, such as
easy to transfer ownership.
limiting owner's liability.
being simple to organize.
providing for continuity.
being dependent upon resources of an individual.

---

Definitions:

Conversion Formula

A mathematical equation used to transform a measurement from one unit to another.

Donuts

Fried dough confections or desserts, often circular with a hole in the middle, but can vary in shapes and flavors.

Dozen

A unit of quantity equal to 12 items.

Norepinephrine

A neurotransmitter important for attentiveness, emotions, sleeping, dreaming, and learning.