Which of the following factors is a disadvantage to a partnership firm?

Sharing of risks

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Lack in continuity

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More funds

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Secrecy

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Solution

The correct option is B
Lack in continuity

Lack in continuity

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Similar questions

Which of the following is not a function of insurance?

(a) Risk sharing

(b) Assist in capital formation

(d) None of these

The risk involved in a partnership firm is reduced because ___________________.

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