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Homework answers / question archive / Which of these is an advantage of a partnership over a sole proprietorship? a
Which of these is an advantage of a partnership over a sole proprietorship?
a. Ease of transferring ownership.
b. Unlimited liability.
c. Pooling of resources.
d. Mutual agency.
Answer choice c. Pooling of resources.
Explanation:
A partnership is formed by two or more individuals. A sole proprietorship is a business owned by one person. One of the advantages of a partnership is that multiple partners come together and bring their resources such as their investments and assets.
