Miiso
Answered

Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

HELP! D:<
Which are advantages of a partnership? (Check all that apply)
O sharing of profits with hundreds of stockholders
O more flexibility with time than a sole proprietorship
O potential conflict with partners
O shared liability

Sagot :

Answer:

O sharing of profits with hundreds of stockholders

O more flexibility with time than a sole proprietorship

O shared liability

Explanation:

In a business association, you can divide the benefits any way you need, under one condition—all colleagues should be in arrangement about benefit sharing. You can decide to divide the benefits similarly, or each accomplice can get an alternate base compensation and afterward the accomplices will divide any leftover benefits.

In a sole proprietorship, you do not have a lot of business uncertainity. You can also divide your shares and let other people have some of them. Unlike the diadvantages of not having a partnership, the liability is divide among all the shareholders.