Question: The major problem with general partnerships is: shared decision making unlimited liability continuity disputes among partners

The major problem with general partnerships is:
shared decision making
unlimited liability
continuity
disputes among partners
The major problem with general partnerships is: shared decision making unlimited

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

FORMS OF BUSINESS ENTERPRISES Like other business persons, health care providers may choose among a variety of organizational forms for conducting their businesses. Lawyers are often asked to...

Q:

Like other business persons, health care providers may choose among a variety of organizational forms for conducting their businesses.Lawyers are often asked to structure arrangements that satisfy a...

Q:

FORMS OF BUSINESS ENTERPRISES Like other business persons, health care providers may choose among a variety of organizational forms for conducting their businesses.Lawyers are often asked to...

Q:

Like other business persons, health care providers may choose among a variety of organizational forms for conducting their businesses.Lawyers are often asked to structure arrangements that satisfy a...

Q:

ACHE HEALTHCARE EXECUTIVE 2016 COMPETENCIES ASSESSMENT TOOL T he American College of Healthcare Executives Healthcare Executive Competencies Assessment Tool is offered as an instrument for healthcare...

Q:

Choice of Entity What follows is a brief review of the alternative legal entities and their principal advantages and disadvantages: For-Profit Corporations .This form of business organization offers...

Q:

Project 4 Main This Assignment requires a brochure see assignment below.. o Prepare an effective training seminar brochure using Microsoft Publisher (or similar software). o Describe the relationship...

Q:

THIS NEEDS TO BE WRITTEN MATERIAL AND APA REFEENCES Management Accounting does not have a body of standards such as those put out by the FASB or IASB. However, there is and has been a substantial...

Q:

Based on the ACHE report on health administration leadership competency domains and assessment tool. Write an analysis/critique of its content. (Be sure to cover all five of the competency domains in...

Q:

extra and good luck 1. The standards and rules that are recognized as a general guide for financial reporting are called 4. generally accepted accounting standards. b. generally accepted accounting...

Q:

A conservation law that is not universal but applies only to certain kinds of interaction is conservation of Lepton number Baryon number Spin Strangeness

Q:

The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Oriole Company at the end of 2022 are shown here. Beg bal. Acquisitions End, bal. Disposals Equipment 124,000...

Q:

Quickbook, Which statement accurately describes how the transfer transaction form can be used to pay off the corporate credit card balance? Question 3 options: It can't be used to pay the credit card...

Q:

Premise: Using a dictionary and list, create a set of key / value pairs that consists of a musical database. The key / value pairs should consist of Artist Name: Song Names pattern. For example, EACH...