What is one major advantage of a partnership compared to a sole
proprietorship?
A. A partnership divides costs between the owners.
B. A partnership is less likely to experience conflicts.
C. A partnership is less complicated to get started.
D. A partnership lets one person make all decisions.

A firm that consists of at least two persons who come into an agreement of doing a legal business by entering into an agreement to share capital, profits, and losses in a predetermined ratio is known as a partnership.

Hence, option A holds true regarding a partnership.

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What is one major advantage of a partnership compared to a sole proprietorship? A. A partnership divides costs between the owners. B. A partnership is less likely to experience conflicts. C. A partnership is less complicated to get started. D. A partnership lets one person make all decisions.

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What is a partnership firm?

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What is one major advantage of a partnership compared to a sole
proprietorship?
A. A partnership divides costs between the owners.
B. A partnership is less likely to experience conflicts.
C. A partnership is less complicated to get started.
D. A partnership lets one person make all decisions.