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Which of the following is a disadvantage of partnership firms?
Which of the following is a disadvantage of partnership firms?
A) These are taxed at multiple levels:
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Which of the following is a disadvantage of partnership firms?
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corporate level and individual level.
B) These have more difficulty in raising capital as compared to a sole proprietorship.
C) These have a mutual agency which creates personal obligations for each partner.
D) These cannot be dissolved without permission of SEC.