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Question
14 multiple choice 2 points what benefit does a partnership often have that a sole proprietorship does not? a. access to more resources c. the option to sell stocks b. an unlimited life span d. the ease of setting up
In a partnership, multiple partners contribute resources like capital, skills, and contacts. A sole - proprietorship is run by one person with limited resources. Partnerships don't have an unlimited lifespan as they can dissolve with partner changes. Neither can sell stocks easily as they are not corporations. Setting up a sole - proprietorship is usually easier.
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a. Access to more resources