Which of the Following Is a Disadvantage of a Partnership

question 20

Multiple Choice

Which of the following is a disadvantage of a partnership when compared to a corporation?

• A) The partnership is more likely to have a net loss.
• B) The partnership is easier to organize.
• C) The partnership is less expensive to organize.
• D) The partnership has limited life.

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Definitions:

Conflict Theory

A sociological perspective that views social life as a competition, with social order maintained by domination and power, rather than consensus.

Contemporary Event

An occurrence, issue, or trend that is happening in the present or recently took place.

Functionalist Approaches

theoretical perspectives that view society as a complex system whose parts work together to promote solidarity and stability.

Conflict

A struggle or clash between opposing forces or ideas, ranging from individual disagreements to widescale wars, stemming from differences in interests, beliefs, or values.