Which of the Following Is a Disadvantage of Partnerships

question 87

Multiple Choice

Which of the following is a disadvantage of partnerships?

• A) The cost of formation is high.
• B) They are based on consensual contracts.
• C) They are subject to more governmental supervision than corporations.
• D) A partnership needs to obtain a license if it wishes to operate in more than one state.
• E) A partnership will be dissolved any time a partner leaves the partnership.

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Good Storytelling

The art of conveying events, concepts, or messages in an engaging and compelling manner that captivates the audience.

Brevity

The quality of being concise and exact in use of words in writing or speech.

Practice

The repetitive execution of an activity or skill with the aim to improve proficiency and performance.

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