This is going to be descriptive problem. Mary makes delicious cheesecakes and ca
ID: 453383 • Letter: T
Question
This is going to be descriptive problem.
Mary makes delicious cheesecakes and caters them to parties and meetings. In one case, however, a major outbreak of salmonella poisoning was traced to one of her cakes. Under these circumstances, would you rather be:
A) A stockholder in Mary’s catering business, or
B) A general partner in her business
Explain your preferences
In this question, i need to explain disadvantage of being a general partner in Mary's business. I want to use the unlimited financial liability as a disadvantage of having partnership. PLEASE HELP WITH THIS QUESTION.
Explanation / Answer
I would rather choose to be a stock holder in Mary's catering business. The disadvantages of being a partner in Mary's business are:
I would rather be the stock holder of Mary's business. Reasons behind this are
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