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9 March, 12:22

Which is true for all types of partnerships?

a. there is a potential for conflict.

b. only one person makes the decisions.

c. there are special tax laws for partners.

d. all partners have unlimited liability.

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Answers (1)
  1. 9 March, 16:12
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    The answer is D. Partnerships are liable to boundless obligation, which implies that each of the partners shares the risk and budgetary dangers of the business. Which can be off-putting for a few people. This can be countered by the arrangement of a restricted obligation organization, which profits by the upsides of constrained risk allowed to restricted organizations, while as yet exploiting the adaptability of the association show.
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