All of the Following Are Advantages of the Partnership Form

question 175

Multiple Choice

All of the following are advantages of the partnership form of organization except

• A) unlimited liability.
• B) retention of profits.
• C) combined skills and knowledge.
• D) better access to capital and credit.
• E) ease of start-up.

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Definitions:

Unconditioned Response

An automatic and involuntary reaction to a stimulus that occurs naturally, without any prior learning.

Classical Conditioning

A behavioral training method where the consistent pairing of two stimuli results in a response originally elicited by the second stimulus being ultimately elicited by the first stimulus.

Unconditioned Stimuli

Stimuli that naturally and automatically trigger a response without any prior learning.

Conditioned Stimuli

Stimuli that have become associated with a particular response through conditioning, typically in the context of classical conditioning.