Which of the Following Is One of the Disadvantages of a Partnership

question 23

Multiple Choice

Which of the following is one of the disadvantages of a partnership?

• A)Unlimited liability of partners
• B)Lack of formalities
• C)Limited to not-for-profit
• D)Separate legal personality

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Definitions:

Business Trip

is a journey undertaken for work-related purposes, often involving travel outside the regular workplace.

Workers' Compensation

An insurance type that offers employees medical benefits and replaces wages when they get injured while working.

Hotel Room

An accommodation provided by hotels, consisting of a room with sleeping facilities and often additional amenities, for the temporary stay of guests.

Shower Injury

Shower injury refers to physical harm or damage that occurs to an individual as a result of an accident or unsafe conditions while using a shower.