Which of the following is NOT a DISADVANTAGE of a partnership?

A) Unlimited liability to at least some of the owners
B) The limited life of the business
C) The potential difficulty in transferring ownership
D) All are disadvantages of a partnership.


Answer: D

Business

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a. Racketeer Influenced and Corrupt Organizations Act b. Foreign Illegal Activities Act c. Foreign Corrupt Practices Act d. Federal Bribery and Corrupt Practices Act

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The following technique(s) will demonstrate that you are preparing for a leader position

a. letting others win. b. telling the truth. c. picking up the slack. d. all of these choices.

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Location decisions are based on many things, including costs, revenues, incentives, attitudes, and intangibles, but not on ethical considerations

Indicate whether the statement is true or false

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Activity-based management (ABM) can be used to make pricing and product mix decisions

Indicate whether the statement is true or false

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