What Is a Partnership? List Three Advantages and Three Disadvantages

question 161

Essay

What is a partnership? List three advantages and three disadvantages of the partnership form of business organization.

---

Definitions:

Taxon

A formal taxonomic group at any level (e.g., phylum or genus).

Kingdom

A broad taxonomic category made up of related phyla; many biologists currently assign living organisms to five kingdoms and several “supergroups.”

Taxa

represents the groups or categories in the classification system of organisms, ranging from kingdom down to species.

Inclusive

An approach or policy that ensures all people can participate and are not excluded on the basis of race, gender, disability, or other characteristics.