menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 5: Choosing a Form of Ownership
  5. Question
    One of the Advantages of a Partnership Over a Proprietorship
Solved

One of the Advantages of a Partnership Over a Proprietorship

Question 19

Question 19

True/False

One of the advantages of a partnership over a proprietorship is the increased sources of capital and credit it offers.

Correct Answer:

verifed

Verified

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

Related Questions

Q14: In most cases of sole proprietorship,an entrepreneur

Q15: All partnerships must have:<br>A)at least three limited

Q16: The corporation,like the proprietorship,avoids the "double taxation"

Q17: If a partnership agreement does not exist,the

Q18: "Double taxation" refers to the fact that

Q20: S-corporation status usually benefits start-up companies anticipating

Q21: If a partnership is formed without an

Q22: One of the advantages of a sole

Q23: In a closely held corporation,one of the

Q24: In a limited partnership,the limited partners are

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