QUESTION IMAGE
Question
what is an advantage of a partnership?
multiple choice
unlimited liability
little time commitment
shared management and pooled skills
ease of starting and ending the business
Brief Explanations
Partnerships allow partners to share management tasks and combine their different skills, which can be beneficial for business operations. Unlimited liability is a disadvantage. Partnerships usually require significant time - commitment, and starting/ending a partnership can be complex.
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C. shared management and pooled skills