menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting for Non Specialists
  4. Exam
    Exam 1: Introduction to Accounting
  5. Question
    In Comparison to a Company, a Disadvantage of Operating as a Partnership
Solved

In Comparison to a Company, a Disadvantage of Operating as a Partnership

Question 57

Question 57

Multiple Choice

In comparison to a company, a disadvantage of operating as a partnership is:


A) unlimited liability.
B) limited life.
C) mutual agency.
D) all of the above.

Correct Answer:

verifed

Verified

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

Related Questions

Q52: The characteristic of accounting information that requires

Q53: Standardised formats are most relevant to:<br>A)departmental reports.<br>B)management

Q54: Which of the following is not an

Q55: Which accounting report is prepared at a

Q56: Set out the main purpose of each

Q58: Which statement concerned with establishing the costs

Q59: Management accounting reports are principally used by

Q60: An advantage of a partnership compared to

Q61: Which of the following in not one

Q62: Which group of users is most likely

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