The advantage of a partnership in this scenario is Wider mix of talents. This option highlights the benefit of combining different skills and expertise, such as Xavier's creative skills and Ramona's financial background, which can contribute to the overall success of the business.
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?
(1 point)
Responses
Shares in company stock
Shares in company stock
Wider mix of talents
Wider mix of talents
Lowered risk or liability
Lowered risk or liability
One sole decision maker
1 answer