The legislation with the most significant influence on the formation, operation and dissolution of partnerships is the:

Select one:

a. Partnership Act.

b. Federal Partnership Act.

c. Partnership Formation, Operation and Liquidation Rules.

d. Common Partnership Program.

Which of these is an advantage of a partnership over a sole proprietorship?

Select one:

a.Mutual agency

b.Unlimited liability

c.Pooling of resources

d.Ease of transferring ownership