Author Question: What are the disadvantages of the partnership form of business ... (Read 80 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
What are the disadvantages of the partnership form of business organization?

Question 2

A ___________________ _ subsidiary is an independent company owned by a parent company.
 Fill in the blank(s) with correct word



milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

Unlimited liability of partners, sharing profits, potential for disagreements between partners, and possible sudden dissolution of the business.

Answer to Question 2

wholly-owned



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

For a complete list of videos, visit our video library