In Comparison to a Company, a Disadvantage of Operating as a Partnership

question 57

Multiple Choice

In comparison to a company, a disadvantage of operating as a partnership is:

• A)unlimited liability.
• B)limited life.
• C)mutual agency.
• D)all of the above.

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Definitions:

Tensing Muscles

The act of contracting one's muscles tightly, often used as a relaxation technique by progressively tensing and then relaxing different muscle groups.

Cerebellum

A brain structure that regulates movement and balance, is involved in remembering simple skills and acquired reflexes, and plays a role in cognitive and emotional learning.

Physiological Patterns

Regular and predictable behaviors or responses of the body's systems, often in relation to health and disease.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, involved in regulating heart rate, blood vessel and air passage diameters, and metabolic shifts; it plays a key role in the body's fight-or-flight response.