What would be the GREATEST advantage of having a partner as opposed to having an advisory board?
A) A partner would be less likely to disagree with the other owner's ideas.
B) A partner would be more committed to the success of the business than an advisory board.
C) A partner would be able to make decisions that differed from that of the other owner.
D) A partner would provide more varied perspectives than that of an advisory board.
E) A partner would not be authorized to make decisions.
B
Explanation: B) Because a partner shares in the company's profits and liabilities, a partner would likely be more committed to the success of the business than would members of an advisory board. Having a partner who did not disagree with the other owner could be detrimental to the business, since a primary benefit of having a partner is that a partner can offer different perspectives. But it would not be an advantage to have a partner making decisions that are at odds with those of the other partner. It is unlikely that a single partner would offer more varied perspectives than that of a group of advisory board members, and a partner would have power to make decisions.
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