Multiple Choice
Which of the following is an advantage of a partnership over a sole proprietorship?
A) Transfer of ownership is easier.
B) Liability is unlimited.
C) Pooling of resources and skills
D) Mutual agency.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Partner's drawings are:<br>A) amounts credited for working
Q2: Gemma and Audrey are in partnership. Their
Q3: Accountants do not recognise internally generated goodwill
Q4: Louise and Thelma are in partnership sharing
Q5: Which of the following is not a
Q7: Bert and Ernie agree to share profits
Q8: Gemma and Audrey are in partnership. Their
Q9: Which of the following would not result
Q10: Which of the following is a not
Q11: Cameron and Andrew each invested $45 000