Which of these is a not a disadvantage of operating as a partnership rather than as a company?
A) Greater difficulty in selling a share of the business
B) Unlimited liability
C) Mutual agency
D) Fewer disclosure requirements

Question

Quizplus · Accepted Answer

Partnership has fewer disclosure requirements compared to a company, which has to disclose its financial information to the public. A, B and C are disadvantages of operating as a partnership.

Which of These Is a Not a Disadvantage of Operating