Which one of the following would NOT be considered a disadvantage of the partnership form of organization?
A) limited life
B) unlimited liability
C) mutual agency
D) ease of formation

Question

Quizplus · Accepted Answer

Ease of formation is considered an advantage of the partnership form of organization, not a disadvantage. Partnerships are generally easier to establish compared to corporations, with fewer formalities and legal requirements.

Which One of the Following Would NOT Be Considered a Disadvantage