All of the Following Are Advantages of a Partnership EXCEPT

Multiple Choice

All of the following are advantages of a partnership EXCEPT:

A) partnerships are relatively easy and inexpensive to establish.
B) partnerships avoid double taxation since the partnership itself is not subject to federal taxation.
C) partnerships have the greatest ability to accumulate capital of all of the forms of ownership.
D) partnerships offer the ability to combine the management and business skills of two or more people in a complementary and powerful fashion.