What are the disadvantages of the partnership form of business ...

Author Question: What are the disadvantages of the partnership form of business ... (Read 88 times)

anshika

Hero Member
Posts: 510

on: Jun 24, 2018

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

Reply #1 on: Jun 24, 2018

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

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.