Disadvantage of partnership form of business organization

Assignment Help Financial Management

Reference no: EM131013441

Each of the following is a disadvantage of the partnership form of business organization EXCEPT

A. The partners have unlimited liability in the partnership.

B. The partnership is dissolved when any one of the partners passes away.

C. It is difficult to liquidate or transfer ownership in a partnership business.

D. Taxes paid on partnership earnings are generally higher than those paid on earnings in a sole proprietorship, as partnership earnings are taxed at the corporate income tax rate.

Reference no: EM131013441

Questions Cloud

What happens to the nominal and real interest rates : If the inflation rate in the long run is not equal to the target inflation rate what was the use of the monetary policy reaction function

What is the total delta-v requirement : At that instant, S1 executes a Hohmann transfer so as to arrive at point C of orbit 2. After arriving at C, S1 immediately executes a phasing maneuver to rendezvous with S2 after one revolution of its phasing orbit. What is the total delta-v requi..

How do community emergency response teams help : Why is it essential that local governments take responsibility to prepare for acts of terrorism? How do Community Emergency Response Teams help increase preparedness beyond normal levels

Calculate the total delta-v required for spacecraft : Two spacecraft are in the same elliptical earth orbit with perigee radius 8000 km and apogee radius 13,000 km. Spacecraft 1 is at perigee and spacecraft 2 is 300 ahead. Calculate the total delta-v required for spacecraft 1 to intercept and rendez..

Disadvantage of partnership form of business organization : Each of the following is a disadvantage of the partnership form of business organization EXCEPT

Find the average rate at which oil drains : Find the average rate at which oil drains during the first 15 minutes. Find the average rate at which oil drains during the time interval [10, 15].

Calculate the semimajor axis of a phasing orbit : Satellites A and B are in the same circular orbit of radius r. B is 1800 ahead of A. Calculate the semimajor axis of a phasing orbit in which A will rendezvous with B after just one revolution in the phasing orbit.

Describe the impact of various forms of competition : Analyze the dynamics of supply and demand to anticipate market equilibrium.

Growing annuity payments-first deposit be to meet your goal : You want to accumulate $2 millions by your retirement date, which is 25 years from now. You will make 25 deposits in your bank, with the first occurring today. The bank pays 9.41% interest, compounded annually. How much must your first deposit be to ..

User Account

All Pages