Which of the following is NOT a benefit of being a partnership? A) ha

QUESTION

Which of the following is NOT a benefit of being a partnership?

A) having unlimited liability
B) starting up the business with relative ease
C) having more managerial and other expertise
D) keeping your taxes relatively simple
E) having more financial resources

 

ANSWER

Answer: A
Explanation: A) Having unlimited liability is one of the drawbacks of being a partnership.

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