Amy, Jan, and Beth have decided to combine
their talents in a business partnership. One of the benefits they'll have over a sole ownership is
A. less paperwork.
B.less personal financial liability.
C. shared resources.
D. greater individual authority,

A partnership is a form of business ownership. Partners contribute funds and their expertise towards the success of their business. They are able to put together a large sum of capital than they would raise as individuals. A partnership is formed and managed through the combined efforts of the partners.

A sole proprietor is a one-person venture. The owner sources for the capital and makes all business decisions by themselves. Unlike in sole proprietorship, a partnership has the advantage of shared resources and responsibilities. Partners can brainstorm and share ideas on how to improve the performance of their business.

Amy, Jan, and Beth have decided to combine their talents in a business partnership. One of the benefits they'll have over a sole ownership is A. less paperwork. B.less personal financial liability. C. shared resources. D. greater individual authority,

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Amy, Jan, and Beth have decided to combine
their talents in a business partnership. One of the benefits they'll have over a sole ownership is
A. less paperwork.
B.less personal financial liability.
C. shared resources.
D. greater individual authority,