Login
Remember
Register
EasyElimu Questions and Answers
Questions
Unanswered
Tags
Users
Ask a Question
Ask a Question
State four advantages of partnerships over sole proprietorship.
0
votes
998
views
asked
Aug 10, 2021
in
Business Studies Form 2
by
anonymous
State four advantages of partnerships over sole proprietorship.
forms of business units
Please
log in
or
register
to answer this question.
1
Answer
0
votes
answered
Aug 10, 2021
by
anonymous
A partnership may be able to raise more capital than a sole proprietorship.
Sharing of ideas between partners produces better results as opposed to sole proprietorship where there is only one person to make all the decisions.
In partnership losses are shared among partners when they occur while a sole proprietor breaks all losses alone.
There is sharing of work among the partners make use of each others expertise as opposed to a sole proprietor who performs all the duties alone.
In partnerships there is combining of talents, from the different partners as opposed to sole proprietorship.
Please
log in
or
register
to add a comment.
Related questions
0
votes
1
answer
List four sources of capital that may be available to a sole proprietorship.
asked
Jun 24, 2021
in
Business Studies Form 1
by
anonymous
forms of business units
sole proprietorship
0
votes
1
answer
State four advantages of SACCOS
asked
Jul 28, 2021
in
Business Studies Form 2
by
anony mous
forms of business units
cooperatives
saccos
0
votes
1
answer
Use the table below to show four differences between partnerships and private companies
asked
Aug 24, 2021
in
Business Studies Form 2
by
anonymous
forms of business units
0
votes
2
answers
Give four advantages of self employment
asked
Aug 12, 2021
in
Business Studies Form 2
by
anony mous
forms of business units
sole proprietorships
0
votes
1
answer
state four reasons why Business may decide to form cartels
asked
Sep 30, 2021
in
Business Studies Form 2
by
PhilipKimanzi
forms of business units
Welcome to EasyElimu Questions and Answers, where you can ask questions and receive answers from other members of the community.
Categories
All categories
Mathematics
(632)
English
(287)
Kiswahili
(559)
Chemistry
(663)
Physics
(604)
Biology
(659)
Geography
(537)
History
(568)
CRE
(365)
IRE
(53)
Agriculture
(519)
Business Studies
(379)
Business Studies Form 1
(153)
Business Studies Form 2
(104)
Business Studies Form 3
(94)
Business Studies Form 4
(27)
Computer Studies
(20)
Home Science
(60)
General Questions
(432)
6.4k
questions
9.6k
answers
6
comments
590
users
...