Which of the Following Is a Disadvantage of Partnership Firms

question 167

Multiple Choice

Which of the following is a disadvantage of partnership firms?

• A) They cannot be dissolved without the permission of the SEC.
• B) They are taxed at multiple levels: corporate level and individual level.
• C) They have more difficulty in raising capital as compared to a sole proprietorship.
• D) They have mutual agency which creates personal obligations for each partner.

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Definitions:

Horney's Concept

Emphasizes the importance of social relationships in the development of personality and identifies strategies people use to cope with anxiety and emotional pain.

Relationships With Women

The dynamics and interactions that occur between individuals and women in various contexts, including personal, professional, and social settings.

Lack Of Intimacy

A state or condition in which individuals experience an absence or deficiency of close, personal relationships or emotional connections with others.

Freudian Explanation

An interpretation based on Sigmund Freud's theories, often involving unconscious motives, conflicts, and experiences from early childhood.