which sentences describe characteristics of a partnership? the owners are free from personal liability. the owners pool their resources to raise capital. the owners in a partnership are called members. the business benefits because owners can share responsibilities.

Question

09-08-2016
Business

contestada

which sentences describe characteristics of a partnership? the owners are free from personal liability. the owners pool their resources to raise capital. the owners in a partnership are called members. the business benefits because owners can share responsibilities.

Respuesta :

Otras preguntas

The phase of memory that deals with the period of time from an event happening to when someone recalls that event to someone else is known as ____________.

Which of the following groups of measurements will form a triangle?Help please.

What did Roosevelt do when the Supreme Court started getting in the way of his programs? he quit the presidency he started tried to pack the courts he sent Cong

Are the numbers of white and yellow flowers in cara’s arrangements proportional? Which equation relates the number of white flowers, w, to the number is yellow

which statement is true?A.feminist and gay rights activists both reinforced traditional attitudes?B. women's rights issues were in conflict with gay rights issu

a) Briefly describe ONE historical perspective expressed in the image the march of destiny 1883

what did Queen Elizabeth l do in her lifetime?

electrons will occupy a p-orbital if the s-orbital is?

Which could be a conditional relative frequency table? A 4-column table with 3 rows. The first column has no label with entries C, D, total. The second column i

Solve for nn²-8n-48=0

andriansp andriansp · Answer 1 · 2018-07-05T00:34:16+02:00

I believe the answer is: the owners pool their resources to raise capital. and the business benefits because owners can share responsibilities.

When two owners joined into a partnership, they could bring more capital different skill set that can be used by the company.
This would allow the company to execute a wider variety of business strategy and beat its competitors in the similar sector.

Tabbey Tabbey · Answer 2 · 2019-06-18T12:06:08+02:00

Answer: the owners pool their resources to raise capital.

the business benefits because owners can share responsibilities

Explanation:

A partnership is a form of business in which two or more people come together to establish and run a business in order to make profit. Also, in this business, the owners raise capital together by contributing money towards the growth of the business. Thus, responsibilities are shared between the owners because they all share the profit, losses, debt and risk in the business. Hence, the owners make decision in regard to the day today running activities of the business.