Business, 30.09.2019 22:00 arielpraczko1

According to the textbook, a partnership usually has more capital available than a sole proprietorship because partners can pool their funds. this additional capital, in addition to the general partners' unlimited liability and partners working together in management skills, may encourage to extend more credit or approve larger loans to a partnership than to a sole proprietor.

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According to the textbook, a partnership usually has more capital available than a sole proprietorsh...