Which of the Following Statements Is an Advantage of a Partnership

question 24

Multiple Choice

Which of the following statements is an advantage of a partnership?

• A)It can combine the wealth and talents of several individuals.
• B)The partners are personally liable for the debts of the partnership.
• C)The partnership has an indefinite life.
• D)Additional capital can be raised relatively by issuing additional shares on the stock market.

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Definitions:

Fossil Record

The collection of fossils, which serves as historical documentation of past life and environments on Earth.

Pollen Grains

Microscopic structures produced by the male parts of plants, responsible for carrying male gametes to the female part for fertilization.

Progymnosperms

An extinct group of plants that are considered to be the ancestors of both gymnosperms and angiosperms, showing features typical of both groups.

Megaphylls

Leaves with a highly branched vascular system, characteristic of most modern plants, contrasted with microphylls of some ancient lineages.