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Which of the following is an advantage of partnership but not of sole proprietorship? quizlet

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Partnerships have both advantages and disadvantages, which of the following was not a disadvantage or advantage addressed by the authors?

a. Ease of start-up, but lack of continuity because the partnership terminates if one of the general partners dies
b. Retention of profits, but when the partnership retains profits, the partners are still taxed on this money
c. Combined business skills provide the ability to discuss important issues, but management disagreements can build distrust or make the business impossible to operate
d. Share in profits equally or according to the agreement, if any, but unlimited liability

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