Compared to a Proprietorship, a Disadvantage of a Partnership Is

question 82

Multiple Choice

Compared to a proprietorship, a disadvantage of a partnership is

• A) that profits are taxed twice.
• B) that it is harder to keep the firm going after the death of an owner.
• C) unlimited liability.
• D) that potential liability to each partner is greater.

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Definitions:

Control Group

In experimental research, a group of subjects that does not receive the experimental treatment and is used as a benchmark to measure how the other tested subjects do.

Violent Video

Refers to video content that contains scenes of violence, which might influence the behavior or emotions of the viewer.

Strong Correlation

A statistical relationship between two variables where a change in one is closely related to a change in the other.

Timbits

A popular Canadian snack consisting of small, bite-sized doughnut balls sold by the Tim Hortons chain.