Question

Which disadvantage o the owners of a partnership have?

a. they must answer to their shareholders
b. their personal property can be used to pay debts
c. they require a corporate charter
d. they must publicly disclose all financial records to stock owners

Answer 1

B

Step-by-step explanation:

cause im taking the quiz and i just read (past tense) that this happens

Ω Entity001 And Project Ω

Answer 2

The correct answer to this question is: b. their personal property can be used to pay debts

Owners of a partnership are liable for the debts of the partnership unless otherwise stated in the partnership agreement.