Which of the following is a common reason for partners to enter into a partnership?

Practice Questions

1 question
Q1
Which of the following is a common reason for partners to enter into a partnership?
  1. To avoid paying taxes
  2. To share risks and responsibilities
  3. To limit their business exposure
  4. To eliminate competition

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is a common reason for partners to enter into a partnership?
Solution: Partners often enter into partnerships to share risks and responsibilities associated with running a business.
Steps: 0

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