If you were advising a friend about setting up a partnership, which of the following characteristics are advantages of partnerships when compared with sole proprietorships?
a. Partnerships are free of disputes and disagreements. Partnerships are free of disputes and disagreements.
b. Partnerships are significantly less likely to fail than sole proprietorships. Partnerships are significantly less likely to fail than sole proprietorships.
c. Each of the partners bring diverse perspectives and skills. Each of the partners bring diverse perspectives and skills.
d. The partners are excluded from business debts.