Multiple Choice
Which of these is a not a disadvantage of operating as a partnership rather than as a company?
A) Greater difficulty in selling a share of the business
B) Unlimited liability
C) Mutual agency
D) Fewer disclosure requirements
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q31: Internally generated goodwill is not recorded by
Q32: If the fixed capital balances method (method
Q33: Which of these is not a disadvantage
Q34: A partner's loan is a liability and
Q35: P, Q and R agree to share
Q37: Which of these are ways to record
Q38: Fair value is defined in the accounting
Q39: Hodges and Burton formed a partnership with
Q40: The relationship that exists between persons carrying
Q41: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3115/.jpg" alt=" A) $34 000.