Question 25
Business OrganisationsOne main benefit of partnership is
- A.the possibility of raising funds on the stock exchange
- B.the possibility of attracting twenty-one or more members
- C.that members can specialize in various functions
- D.that it enjoys its own separate legal entity
Show the answer and explanation
Answer: C (that members can specialize in various functions)
Explanation
Partners can divide the work according to their skills; partnerships cannot sell shares on the stock exchange and have no separate legal entity.