Partnership

which of the following is an advantage of a partnership?

A.Unlimited Liability

B.Life of partnership

C.Selling a partnership

D.Limited funding sources

E.Ease of organization

The Small Business Administration

A.was established by the U.S Chamber of Commeerce to encourage the entrepreneurial spirit.

B.is an independant agency of the federal government to provide managerial and financial assistance to small business.

C.is a subsidiary of the BBB

D.is a division of the federal government that is responsible for ensuring that newly formed businesses adhere to the law.

Which of the following is an advantage of a small business

A.greater flexibility to change

B.highly trained staff

C.better products

D.more diverse employees

E.small businesses have not advantages over large ones.

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