Multiple Choice
A disadvantage of the partnership form of business organization is
A) its limited access to capital.
B) its limited liability.
C) that it can issue only one class of stock.
D) that the owners must fight a lot of red tape to form the firm.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q314: Stocks are<br>A) promises to repay loans.<br>B) a
Q315: Which legal claim has a fixed annual
Q316: If the supply curve for land was
Q317: The real rate of interest is 4%
Q318: If you want to vote for the
Q320: A proprietorship is<br>A) a business with annual
Q321: You have won the lottery. There are
Q322: Efficient markets theory suggests that purchasing the
Q323: A star basketball player signs a contract
Q324: In general, which form of business organization