As compared to a company with a similar number of shareholder's as there are partners in the partnership, an advantage of a partnership is:
A) mutual agency.
B) unlimited liability.
C) limited contributions.
D) less government regulation.

Question

Quizplus · Accepted Answer

Partnerships generally face less government regulation compared to corporations, which can make them easier and less costly to manage in terms of compliance. Corporations, on the other hand, are subject to more stringent regulatory requirements, including disclosures and governance standards.

As Compared to a Company with a Similar Number of Shareholder's