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NEED AN ANSWER ASAP Which disadvantage do the owners of a partnership have? They must publicly disclose all financial records to stock owners. They require a corporate charter. Their personal property
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11 votes
11 votes
NEED AN ANSWER ASAP

Which disadvantage do the owners of a partnership have?


They must publicly disclose all financial records to stock owners.


They require a corporate charter.


Their personal property can be used to pay debts.


They must answer to their shareholders.

User Tim Henigan
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2 Answers

25 votes
25 votes

Answer:

They require a corporate charter.

Step-by-step explanation:

User Jan Gerlinger
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2.6k points
18 votes
18 votes

Answer: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.

Step-by-step explanation:

User AlSki
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3.1k points
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