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26-03-2019
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2. Which disadvantage do the owners of partnership have?

-they must answer to their shareholders

-their personal property can be used to save debts

-they require a corporate charter

-they must publicly disclose all financial records to stock owners

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MrsSeifried MrsSeifried

26-03-2019

The correct answer is the second choice.

One of the disadvantages of a partnership is that the owners are personally responsible for the debts of the business. If the business fail then the owners are responsible for paying off the debts of the company.

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