Answer :- (d)
The partnership has unlimited liability .
The major disadvantage of the partnership is its limited life .
Which of the following is a disadvantage of a partnership when compared to a corporation? a....
Which of the following is an advantage of a general partnership when compared to a corporation? a.Creditors to a partnership cannot attach personal assets of partners. b.A partnership is more likely to have a positive net income. c.The partnership usually hires professional managers. d.The partnership is relatively inexpensive to organize.
Which of the following is an advantage of a general partnership when compared to a corporation? a.The partnership usually hires professional managers. b.The partnership is relatively inexpensive to organize. c.A partnership is more likely to have a positive net income. d.Creditors to a partnership cannot attach personal assets of partners.
1. Which of the following statements is true? A. An advantage of a partnership is limited life. B. An advantage to a partnership is unlimited liability. C. A disadvantage of a partnership is that it is difficult to transfer ownership. D. A disadvantage to a partnership is double taxation. 2. Which of the following statements is true? A. A disadvantage of a corporation is limited liability. B. An advantage of a corporation is double taxation. C. An advantage of a...
Which of the following is a disadvantage of a corporation? a. unlimited life b. unlimited access to capital c. unlimited liability d. all of the above
Which of the following statements is CORRECT? a. Relative to sole proprietorships, corporations generally face fewer regulations, and they also find it easier to raise capital. Stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. There is no good reason to expect a firm's stockholders and bondholders to react differently to the types of assets in which it C. invests. Bondholders should...
Which of the following is typically considered an advantage of a partnership? A. No license, charter, or agreement legally required B. Can raise money using capital markets (debt and equity) C. Ownership is easier to transfer than it is for a sole proprietorship or corporation D. Joint unlimited liability for company debts E. Most regulated form of business
Which of the following is a characteristic of a general partnership? a. The partnership is subject to federal income tax. b. The partners have limited liability. c. The partnership has an unlimited life. d. The partners have co-ownership of partnership property.
Which one of the following statements is true? a. A sole proprietor has limited liability. b. A disadvantage of a sole proprietorship is double taxation. c. In a general partnership, partners face limited liability d. A disadvantage of a corporation is that complex management structure lead to slower and expensive decision-making. Which of the following is not a institutional shareholder of a corporation? a. Individual person. b. Corporation. c. Securities companies. d. Financial intermediary.
Question 3 (10 points) Which one of the following would not be considered a disadvantage of th partnership form of qrganization? a) Limited life b) Unlimited liability Oc) Mutual agency d) Ease of formation
Which of the following is a disadvantage of the company form of business? Select one: a. Its shareholders always have unlimited liability for debts incurred by the business. b. It has an unlimited life. c. It has the ability to raise large amounts of capital. d. It must comply with the Corporations Act 2001 and other legislation.