Question

which of the following is a disadvantage of a partnership?

a. work hours
b. discussion of major decisions
c. complementary skills
d. diversity of ideas
e. sharing profits and control

Explanation:

To determine the disadvantage of a partnership, we analyze each option:

• Option A: Work hours are not inherently a disadvantage of a partnership. Partners can set work hours flexibly.
• Option B: Discussion of major decisions is a part of the decision - making process in a partnership. While it may take time, it is not a clear - cut disadvantage as it can lead to better decisions.
• Option C: Complementary skills are an advantage of a partnership, as partners can bring different skills to the business.
• Option D: Diversity of ideas is also an advantage, as different partners can contribute different perspectives.
• Option E: Sharing profits and control means that each partner has to give up a portion of the profits and also has less individual control over the business compared to a sole proprietorship. This is a common disadvantage of a partnership.

Answer:

E. Sharing profits and control