Author Question: What are the disadvantages of the partnership form of business ... (Read 91 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?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library