All of the Following Are Advantages of Partnerships Except One

question 131

Multiple Choice

All of the following are advantages of partnerships except one.Which is the exception?

• A)They are relatively easy to start.
• B)Their profits are taxed once as personal income.
• C)Their liability is limited by each partner's share of the business.
• D)They offer a greater opportunity for specialization by the owners.
• E)They enable continuation of the firm if one partner dies.

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Definitions:

Positive Reinforcer

A stimulus that, when presented after a behavior, increases the likelihood of that behavior being repeated.

Unconditioned Response

A natural, automatic reaction to a stimulus that occurs without prior learning or conditioning.

Conditioned Response

A learned reaction to a previously neutral stimulus that has become associated with an unconditioned stimulus through conditioning.

Operant Behaviors

Actions or behaviors that are influenced by their consequences, such as rewards or punishments.