Which of the following is a significant disadvantage of a, Ask an Expert

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Which of the following is a significant disadvantage of a general partnership

a. the cost of forming it is high

b. each partner is fully responsible for the liabilities incurred by the partnership

c. there is a risk associated withthe industry in which it operates

d. forming the business is very complex

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Accounting Basics, Accounting

Category:- Accounting Basics
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