A Major Disadvantage of a Partnership Is That Partners May

question 74

True/False

A major disadvantage of a partnership is that partners may disagree on how to
operate the business and divide the profits.

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Definitions:

General Public

The broad group of people in society who do not have a specific interest in particular topics or areas but are affected by or interested in general issues.

Organization Interests

The goals, priorities, and objectives that are pursued by an organization to ensure its growth, sustainability, and success.

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles, considering the impact of decisions on stakeholders and society.

Whistle-Blowing Procedure

A sequence of actions or protocol employed by an organization enabling employees to report unethical practices internally or externally without facing retaliation.