Question

Everything else equal, including firm size, dollar sales, type of product sold, and so forth, the primary difference between proprietorship and partnership business forms is that _____.a. a partnership has more owners than a proprietorshipb. the combined personal liability associated with a partnership is significantly less than the combined personal liability associated with a proprietorshipc. a partnership is generally easier to form than a proprietorshipd. many more businesses are formed as partnerships than proprietorshipse. the annual growth rate of a proprietorship is limited by law, whereas the growth rate of a partnership is always potentially unlimited

Answer 1

Answer:

a. a partnership has more owners than a proprietorship

Explanation:

There is an agreement in a partnership between two or more persons. The persons we called partners who come together to share their assets. In addition, the profits and losses are shared between the partners in their profit-losses sharing ratio.  

And in a proprietorship, there is only one owner who controls overall business activities that are conducting in the business. He or she is personally liable for his or her acts.