Which is true for all types of partnerships?
a. there is a potential for conflict.
b. only one person makes the decisions.
c. there are special tax laws for partners.
d. all partners have unlimited liability.

The answer is D. Partnerships are liable to boundless obligation, which implies that each of the partners shares the risk and budgetary dangers of the business. Which can be off-putting for a few people. This can be countered by the arrangement of a restricted obligation organization, which profits by the upsides of constrained risk allowed to restricted organizations, while as yet exploiting the adaptability of the association show.