Xavier wants to ensure his business structure will allow him to include his twin sister Ramona as a business partner. While he has the creative skills, she has the financial background the business needs. What is an advantage of a partnership?

Question

1) shares in company stock
2) wider mix of talents
3)lower risk or liability
4) one sole decision maker

Is it 1, 2, 3, or 4?

Answer 1

The advantage of a partnership in this scenario is:

2) wider mix of talents

A partnership allows Xavier to include his twin sister Ramona as a business partner due to her financial background, complementing Xavier's creative skills.