The major disadvantage of a general partnership is: A) each partner i
The major disadvantage of a general partnership is:
A) each partner is fully responsible for the liabilities incurred by the partnership.
B) it is difficult to raise equity capital.
C) the costs of forming the partnership are high.
D) profits are taxed double.
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.