Here a simple question that most scholars struggle with:
What does the partnership form of organization do?
The options to choose from are varied. Generally, the partnership form of an organization involves two parties or more individuals who share management and profits in a business venture. What does this do?
A. Avoids the double taxation of earnings and dividends found in the corporate form of organization.
B. Usually provides limited liability to the partners.
C. Has unlimited life.
D. Simplifies decision making.