All of the following are disadvantages that Sean should consider before entering a partnership agreement with his cousin except
A) lack of continuity.
B) effects of disagreements with his cousin.
C) the inability to get out the money he invests.
D) unlimited liability.
E) double taxation.

Question

Quizplus · Accepted Answer

Double taxation is not a disadvantage of entering a partnership agreement, but rather a disadvantage of forming a corporation. The other options listed are all potential disadvantages of a partnership agreement.

All of the Following Are Disadvantages That Sean Should Consider