The problem with general partnerships is:
A)shared decision making
B)unlimited liability
C)continuity
D)disputes among partners

Question

Quizplus · Accepted Answer

The problem with general partnerships is unlimited liability, which means that each partner is personally responsible for all of the debts and liabilities of the business. This can be financially risky for the partners, and is a major disadvantage of this type of business structure. The other options listed (shared decision making, continuity, and disputes among partners) are also potential issues, but they are not necessarily inherent problems with general partnerships.

The Problem with General Partnerships Is