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Author Question: What are the advantages and disadvantages of forming a partnership? What will be an ideal ... (Read 82 times)

burton19126

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on: Jul 6, 2018
What are the advantages and disadvantages of forming a partnership?
 
  What will be an ideal response?

Question 2

Policies concerning tolerance for religious diversity cover
 
  A) permissible garments at work.
  B) the display of religious symbols on company premises.
  C) religious holidays.
  D) all of the above


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Loise Hard

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Reply #1 on: Jul 6, 2018
Answer to Question 1

The advantages of forming a partnership are the ease of formation, the direct share of profits, division of labor and management responsibilities, more capital is available than in a sole proprietorship, and less governmental control and regulation. The disadvantages of a partnership include unlimited liability for the firm's debts, limited continuity of the life of the enterprise, difficulty in obtaining capital, and the partners share responsibility for other partners' actions.

Answer to Question 2

D


burton19126

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

fatboyy09

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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