Business Studies · Forms of Business Organisations
What is considered the primary disadvantage of operating as a general partnership?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The absolute ease of setting up the business
- 2The restriction on having more than two partners
- 3The mandate to publish accounts publicly
- 4The unlimited joint and several liability of the partners✓
Correct answer
The unlimited joint and several liability of the partners
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