Which of the Following Is an Advantage of a Partnership

question 278

Multiple Choice

Which of the following is an advantage of a partnership?

• A) Ease of starting and ending the business
• B) Unlimited liability
• C) Shared management and pooled skills
• D) Little time commitment

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Definitions:

Titchener

Edward Titchener was a British psychologist who is best known for developing the theory of structuralism and introducing the method of introspection in psychology.

Consciousness

The state or characteristic of being conscious of an external entity or an internal aspect of oneself.

Basic Elements

Fundamental components or constituents of a larger system, theory, or substance.

Cognitive Psychology

The study of mental processes such as "attention, language use, memory, perception, problem solving, creativity, and thinking."