Business, 10.10.2019 02:30 simrankaurdhatt

Which of the following is an advantage of partnerships over sole
proprietorships?
*a. partnerships generally have more money to invest in starting or
expanding a business.
b. partnerships establish a democratic system for making business
decisions.
c. partnerships protect their investors against business debts
incurred by the managers.
d. partnerships involve less paperwork and fewer legal fees.

Answers: 2

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Answers

Answer from: KubraDskn

The correct answer is A.

Partnerships are at an advantage over a sole proprietorship in terms of raising money. While a sole proprietorship only has the money from the proprietor, a partnership has money from all of the partners.

Answer from: eden1017

Partnerships generally have more money to invest in starting or expanding a business. ( A )

Explanation:

Partnership is a type of business that involves more than one business owner/investor for the smooth running and operation of the business. while a sole proprietorship is also known as a one-man business that involves just a single business owner/investor.

partnerships have some advantages over sole proprietorship type of business because in partnership there is a larger pool of funds because each partner contributes to the running of the business financially and this in turn reduces the effect of loses been incurred on an investor because the losses are been shared across the investors as well. partnership business last longer in the event of death or other circumstances than a sole proprietorship type of business.

Answer from: Quest

someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

i don't know if this is exactly what your looking for but i hope this !

Answer from: Quest

To keep up with the demands of industrialization

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Which of the following is an advantage of partnerships over sole
proprietorships?
*a. p...

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