Potential advantage of Proprietorships and Partnerships

Beth and Anna each own a florist shop. After many years of rivalry, they make a decision to team up and make a partnership. The potential advantage of such a union would be that: (1) They can divide up duties and become more proficient. (2) Their partnership profits notably bigger financial resources. (3) Beth views Anna as an incompetent and denies Anna an equivalent share of gains. (4) The partnership is subject to no govt. regulations.

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