Which of the following is not an advantage of a partnership: a. Ease of formation b. Unlimited

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Which of the following is not an advantage of a partnership:

a. Ease of formation

b. Unlimited liability for general partnerships creating personal obligations

c. Low startup costs

d. Shared business risks

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Fundamental Accounting Principles Volume II

ISBN: 978-1260305838

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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Question Posted: Dec 13, 2019 09:38 AM

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Which of the following is not an advantage of a partnership: a. Ease of formation b. Unlimited

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b Unlimited lia...View the full answer

Fundamental Accounting Principles Volume II

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