Which of the Following Is a Not a Disadvantage of Operating

question 10

Multiple Choice

Which of the following is a not a disadvantage of operating as a partnership rather than as a company?

• A) Fewer disclosure requirements
• B) Greater difficulty in selling a share of the business.
• C) Personal liability for all obligations of the partnership.
• D) Partners can act on behalf of the other partners and bind them to a contract by acting within the apparent scope of the business.

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Definitions:

Redundancy

The duplication of critical components or functions of a system with the intention of increasing reliability of the backup, enhancing fault tolerance, or ensuring immediate availability of an alternative in case of failure.

Vertical Clouds

A sector-specific cloud service that caters to the unique needs of a particular industry, offering specialized computing resources and applications.

Internet-Connected Server

A server that is connected to the internet, allowing it to send and receive data from anywhere in the world.

PaaS Model

Platform as a Service (PaaS) model is a cloud computing service that provides a platform allowing customers to develop, run, and manage applications without the complexity of building and maintaining the infrastructure typically associated with developing and launching an app.