Compared to the sole trader,the advantage of the partnership form of business is:
A)mutual agency
B)limited life
C)easy to set up
D)greater access to skills and resources

Question

Quizplus · Accepted Answer

Partnerships have greater access to skills and resources as they can share the workload, expertise, and financial resources amongst the partners. This allows for better decision-making and improved efficiency. Mutual agency, limited life, and ease of setup are not necessarily advantages of a partnership compared to a sole trader.

Compared to the Sole Trader,the Advantage of the Partnership Form