menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Introduction to Business
  4. Exam
    Exam 5: Business Formation: Choosing the Form That Fits
  5. Question
    Identify and Describe Three Disadvantages of General Partnerships as a Form
Solved

Identify and Describe Three Disadvantages of General Partnerships as a Form

Question 72

Question 72

Essay

Identify and describe three disadvantages of general partnerships as a form of business ownership.

Correct Answer:

verifed

Verified

Unlimited liability: All general partner...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q67: Ralph Florez owns and operates his own

Q68: Who do the shareholders in a corporation

Q69: Limited liability partnerships (LLP) are generally available

Q70: A sole proprietorship is a business that

Q71: Identify and discuss five advantages of operating

Q73: Most sole proprietorships are unable to attract

Q74: Liza owns 1000 shares of common stock

Q75: How does a merger differ from an

Q76: Acquisition is a corporate restructuring in which

Q77: Franchisors seldom succeed in their attempts to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines