Question: Advantage or Disadvantage a . Most complex to organize b . Owner ( s ) have personal responsibility for the debt of the organization c

Advantage or Disadvantage
a. Most complex to organize
b. Owner(s) have personal responsibility for the debt of the organization
c. Access to the individual skills of each of the owners
d. Limited personal liability for the debt of the organization
e. Easier to raise large amounts of capital
f. The greatest percentage of businesses are organized in this manner
g. Owners generally pay higher taxes than owners of other forms of business organizations
 Advantage or Disadvantage a. Most complex to organize b. Owner(s) have

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