Study the characteristics of a partnership Requirements 1 List five advantages of a partnership over a proprietorship and a corporation 2 List three disadvantages of a partnership compared to a proprietorship and a corporation ...

Req 1 Advantages 1 Combines the partners expertise 2 Less expensive to organize 3 More prod ...

Study the characteristics of a partnership: Requirements 1. List five advantages of a partnership over a proprietorship

Question:

Study the characteristics of a List five advantages of a over a proprietorship and a corporation.
2. List three disadvantages of a compared to a proprietorship and a corporation.

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...