A Major Weakness of a Partnership Is ________

question 3

Multiple Choice

A major weakness of a partnership is ________.

• A) the difficulty in maintaining owners' control
• B) the difficulty in liquidating or transferring ownership
• C) the double taxation of income
• D) its high organizational costs

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Definitions:

Prognosis

A forecast or prediction about the likely outcome or course of a disease based on the individual’s condition and medical knowledge.

Adaptive Functioning

A person's ability to manage common demands of life and meet the standards expected for their age and cultural group, including social and practical skills.

Personal Distress

A psychological discomfort or anguish experienced as a response to stressful situations or emotional pain.

Social Norms

Unwritten rules that govern the expectations of social behavior in a group or society.