F.4 Economics Book 2 Chapter 8 Partnership

Which of the following descriptions about a partnership is INCORRECT?

• A. The minimum number of partners is two.

• B. A partnership has lasting continuity. (延續性)

• C. A partnership does not have a separate legal status (獨立法人地位).

• D. Set-up procedures for a partnership are simple.

Which of the following is an advantage of a sole proprietorship over a partnership (相對好處)?

• A. A sole proprietor has unlimited liability.

• B. A sole proprietor is not bound (限制) by other owners’ decisions.

• C. A sole proprietorship has a wider source of capital.

• D. A sole proprietorship can earn more profit.

Which of the following are common features between a partnership and a sole proprietorship?

(1) Simple set-up procedures

(2) Lower profits tax rate than limited companies

(3) Lack of continuity

(4) Close relationship with customers 密切關係

• A. (1) and (2) only

• B. (1), (3) and (4) only

• C. (2), (3) and (4) only

• D. All of the above

A sole proprietorship is different (不同) from a partnership in that

• A. a sole proprietor bears unlimited liability.

• B. the former has a separate legal status.

• C. the former has wider sources of capital.

• D. the former is more flexible in decision making.

In a partnership, which of the following matters does NOT require the consent (同意) of all partners?

• A.  The employment of new employees (招聘)

• B.  The admission (加入) of new partners

• C.  The withdrawal (離開) of existing partners

• D.  The transfer (轉讓) of partnership shares to others