select the correct answer. what kind of advantage are you likely to enjoy in a partnership? a. higher…

select the correct answer. what kind of advantage are you likely to enjoy in a partnership? a. higher liability than in sole ownership b. ability to raise capital from the market c. greater decision - making freedom than a sole trader d. higher capital when you go into business e. the government recognizing your business as a separate entity

select the correct answer. what kind of advantage are you likely to enjoy in a partnership? a. higher liability than in sole ownership b. ability to raise capital from the market c. greater decision - making freedom than a sole trader d. higher capital when you go into business e. the government recognizing your business as a separate entity

Answer

Brief Explanations:

In a partnership, multiple partners contribute capital, which generally results in higher available capital compared to starting a sole - proprietorship. Higher liability (A) is a disadvantage. Only corporations can raise capital from the market in the form of stocks and bonds (B). A sole trader has more decision - making freedom as they don't have to consult partners (C). Only corporations are recognized as separate legal entities by the government (E).

Answer:

D. higher capital when you go into business