Question 8 2 pts Which of the following is a disadvantage of partnerships over sole proprietorships? In partnerships, all owners have unlimited liability, whereas in sole proprietorships they have limited liabilities Unlike sole proprietorships, partnerships do not face any regulatory controls that affect their activities. Unlike a sole proprietorship, a partnership is terminated when a partner dies or withdraws. In sole proprietorships, the owners have access to more funds than in partnerships. In partnerships, profits must be shared, whereas in sole proprietorships all profits belong exclusively to the Owner. D Question 10 2 pts Which of the following statements describes an advantage of franchising instead of building an independent business from scratch? The time required to set up an independent business is much lower than obtaining a franchise. O A franchise outlet often reaches the break-even point faster than an independent business would Access to managerial and financial assistance is more limited in franchises than in independent businesses. Of The quality of goods and services needs to be more standardized and uniform in an independent business than in franchises A franchisee would experience more flexibility in decision making than the owner of the independent business