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The disadvantages of the partnership form of business organization, compared to corporations, include all the following, except: Double taxation. Difficulty of raising capital. Mutual agency.
The disadvantages of the partnership form of business organization, compared to corporations, include all the following, except:
Double taxation. | ||
Difficulty of raising capital. | ||
Mutual agency. | ||
Unlimited liability. | ||
The financial risk imposed on partners. |
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