You will hear five different business people talking about partnerships, one form of business.
For each extract there are two tasks. For Task One, choose the advantage of partnerships described from the list A—H. For Task Two, choose the disadvantage of partnerships from the list A—H.
You will hear the recording twice.
TASK ONE
A. Incentive for key employees
B. Ease of organization
C. Direct control of business
D. More specialized management
E. Tax advantages
F. Ease of closing
G. Greater source of capital
H. Share strength of other owners