45) What is a disadvantage of partnerships over sole proprietorships? A. In partnerships, profits have to be shared, whereas in sole proprietorships all profits belong exclusively to the owner. B. Unlike sole proprietorships, partnerships do not face any regulatory controls that affect their activities. C. In partnerships, all owners have unlimited liability, whereas in sole proprietorships they have limited liability. D. Unlike a sole proprietorship, a partnership is terminated when a partner dies or withdraws. E. In sole proprietorships, the owners have access to more funds than in partnerships.

45) What is a disadvantage of partnerships over sole proprietorships? A. In partnerships, profits have to be shared, whereas in sole proprietorships all profits belong exclusively to the owner....

45) What is a disadvantage of partnerships over sole proprietorships?

A. In partnerships, profits have to be shared, whereas in sole proprietorships all profits belong exclusively to the owner.

B. Unlike sole proprietorships, partnerships do not face any regulatory controls that affect their activities.

C. In partnerships, all owners have unlimited liability, whereas in sole proprietorships they have limited liability.

D. Unlike a sole proprietorship, a partnership is terminated when a partner dies or withdraws.

E. In sole proprietorships, the owners have access to more funds than in partnerships.

Jun 09, 2022