--%>

Proprietorships and Partnerships

The advantage of a partnership is: (i) Its ease of organization as compared to the corporation. (ii) Its limited liability. (iii) Its capability to outlive the partner’s death. (iv) The lack of divergences.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Determinants of demand affect the price

    For a particular product how do the determinants of demand affect the price?

  • Q : Problem regarding Utilitarianism Can

    Can someone help me in finding out the right answer from the given options. However the idea that people seek happiness and try to evade pain dates back to Epicurus and other ancient Greeks, the individual generally acknowledged as the founder of the ‘modern&rsq

  • Q : Long run for production theory Long run

    Long run for the production theory is a time period across which: (i) All production occurs. (ii) Firms can adjust all their costs and resources. (iii) Bigger firms absorb the smaller firms. (iv) Marginal costs become decreasingly significant. (iv) Im

  • Q : Marginal rate of substitution-marginal

    What is the marginal rate of transformation or marginal rate of substitution or marginal opportunity cost? Answer: It is the ratio of units of one good scarified to

  • Q : Define Yield to Maturity Describe what

    Describe what do you mean by the term Yield to Maturity?

  • Q : Interest rate risk premium What is

    What is Interest rate risk premium? Briefly explain it.

  • Q : Price mechanism Write down the benefits

    Write down the benefits of leaving the allocation of countries resources to price mechanism?

  • Q : Exploitation of Labor I have a problem

    I have a problem in economics on Exploitation of Labor Please help me in the following question. The exploitation might not exist even when wage a worker is paid is less than the worker’s: (1) average revenue product. (2) The value of marginal p

  • Q : Problem on wage discrimination Firms

    Firms which discourage the workers from discussing their salaries or wages are most likely engaged in the policies of: (i) Respect for the worker’s privacy. (ii) Monopolistic exploitation. (iii) Perfect competition. (iv) Cooperation rather than competition. (v)

  • Q : Occurrence of natural barriers to entry

    Natural barriers to entry within a market arise primarily by: (w) strategies by existing firms to discourage the entry of new firms. (x) perfectly inelastic demands for products. (y) the declining cost structure inherent in producing specific goods. (