Question

Which sentences describe characteristics of a partnership?

A. The owners are free from personal liability.
B. The owners pool their resources to raise capital.
C. The owners in a partnership are called members.
D. The business benefits because owners can share responsibilities.

Answer 1

D is the correct answer. The business benefits because the owners can share responsibilities, in most cases. However, some people may be silent partners - for example, they may invest in a business, but not have any say in how it is run.