819
QuizMultiple Choice

Modeling with Rational Functions — Unit test

Question 819 • Crowley Credit Recovery Algebra II B

A disadvantage of forming a partnership is that owners

Answer
A
can find it tougher to start and stop a business.
B
can find it more difficult to get a bank loan.
C
are only responsible for their own finances.
D
are fully responsible for their partners' losses.

Explanation

In a general partnership, partners can be personally liable for the business’s debts and obligations, including losses caused by a partner. This shared liability is a disadvantage because one partner may have to cover more than their own share. Therefore, the correct choice is “are fully responsible for their partners’ losses.”

AI-written and checked against the verified answer.

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