Ask Question
BusinessBusiness
21 September, 23:23

Which sentences describe characteristics of a partnership?

A. The owners are free from personal liability.

B. The owners pool their resources to raise capital.

C. The owners in a partnership are called members.

D. The business benefits because owners can share responsibilities.

+5
Answers (1)
  1. 22 September, 02:56
    0
    D is the correct answer. The business benefits because the owners can share responsibilities, in most cases. However, some people may be silent partners - for example, they may invest in a business, but not have any say in how it is run.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which sentences describe characteristics of a partnership? A. The owners are free from personal liability. B. The owners pool their ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Sprint Nextel Corp stock ended the previous year at $25.00 per share. It paid a $2.57 per share dividend last year. It ended last year at $18.89. If you owned 650 shares of Sprint, what was your dollar return and percent return? A. $2,960; 11.13%B.
Answers (1)
A manufacturer that offers cash or gifts to dealers for encouraging the purchase of its products is using
Answers (1)
On June 1, during its first month of operations, Mathis Spa purchased supplies for $4,500 and debited the supplies account for that amount. At June 30, an inventory of supplies showed $1,000 of supplies on hand.
Answers (1)
Individual taxpayers have less than a 1 percent chance of being audited Group of answer choices True False
Answers (1)
How often are people likely to communicate interpersonally
Answers (2)
New Questions in Business
Criteria for selecting a social network often includes an analysis of the characteristics of the site visitors.
Answers (1)
Which action is characteristic of voluntary simplicity? a. learning to live with much less b. working more to provide for more family wants c. using products with greater environmental impact d. adding more possessions that last longer e.
Answers (1)
When Peter celebrated his 25th anniversary at the company, he felt that the gold watch he was given was just a meaningless trinket and he was glad that he had balanced his work with family life. Peter is in the stage of development called:
Answers (1)
Select all the parts in a financial plan net worth statement savings account financial goals savings and investings plan insurance plan budget checkbook register
Answers (1)
What is aggregate demand
Answers (2)
Home » Business » Which sentences describe characteristics of a partnership? A. The owners are free from personal liability. B. The owners pool their resources to raise capital. C. The owners in a partnership are called members. D.
Sign Up Forgot Password?