3 Questions
Which type of partner is not actively involved in the day-to-day operations of the partnership?
Silent partner
What is one of the advantages of a partnership?
Efficient administration
What is one of the disadvantages of a partnership?
Delays in decision making
Test your knowledge on partnership types, advantages, and disadvantages with this informative quiz. Learn about active/general partners, secret partners, silent partners, dormant partners, and limited partners. Explore the ease of formation and joint profit opportunities that partnerships offer, as well as the potential disadvantages that come with it. See how well you understand the dynamics of business partnerships and the importance of choosing the right partner.
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