Partnership Question

[san005]

There are three primary disadvantages of a regular partnership: (1) unlimited liability, (2) limited life of the organization, and (3) difficulty of transferring ownership. These combine to make it difficult for partnerships to attract large amounts of capital and thus to grow to a very large size.

True False Is it true or false?

 

[Deleted member 4993]

There are three primary disadvantages of a regular partnership: (1) unlimited liability, (2) limited life of the organization, and (3) difficulty of transferring ownership. These combine to make it difficult for partnerships to attract large amounts of capital and thus to grow to a very large size.

True False Is it true or false?

What do you think - and why do you think so?

Please share your work with us, indicating exactly where you are stuck - so that we may know where to begin to help you.

 

[12-year-old-poet]

uh, if you ask a married couple..... well.. they would probably say that they regret it.......... (1) unlimited liability, (2) limited life of the organization, and (3) difficulty of transferring ownership. They are true for my parents