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What is a major advantage of a business that is a partnership rather than a sole proprietorship? The business is easy to start up. The responsibility for the business is shared. The partners are not responsible for the business debts. The business is easy to sell
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Asked 2/5/2013 8:34:57 PM
Updated 6/27/2016 2:56:07 PM
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User: What is a major advantage of a business that is a partnership rather than a sole proprietorship? The business is easy to start up. The responsibility for the business is shared. The partners are not responsible for the business debts. The business is easy to sell

User: What is the term for the joining of two or more firms involved in different stages of producing the same good or service? conglomerate vertical merger horizontal merger closely held corporation

Question
Asked 2/5/2013 8:34:57 PM
Updated 6/27/2016 2:56:07 PM
1 Answer/Comment
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Vertical merger is the term for joining of two or more firms involved in different stages or producing the same good or service.
Added 6/27/2016 2:56:06 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [6/27/2016 3:15:02 PM]
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Questions asked by the same visitor
Which of the following is known as a partnership agreement? articles of partnership distribution of assets shared liability the Uniform Partnership Act (UPA)
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Updated 12/11/2015 6:37:04 PM
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Articles of partnership is known as a partnership agreement.
Added 12/11/2015 6:37:04 PM
This answer has been confirmed as correct and helpful.
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