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One disadvantage of a partnership is A. A difficult creation process B. Unlimited Liability C. Unlimited Life of the company D. Double taxation

One disadvantage of a partnership is A. A difficult creation process B. Unlimited Liability C. Unlimited Life of the company D. Double taxation
asked 80.3k views
1 vote
One disadvantage of a partnership is

A. A difficult creation process
B. Unlimited Liability
C. Unlimited Life of the company
D. Double taxation

asked
User Cool Mr Croc
by
8.0k points

2 Answers

2 votes
A. A difficult creation process (I think)
answered
User Toasty
by
8.1k points
5 votes
The answer is B unlimited liability because a partner is liable for partnership debts.
answered
User Jonathan Allen
by
7.7k points
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