Which of the following is NOT an advantage of a Partnership? A. Combined knowledge and skills B. Distribution of profits C. Availability of capital and credit D. Ease of organization

The correct answer is D. Ease of organization.<br /><br />Explanation:<br /><br />A partnership is a type of business organization where two or more individuals come together to carry on a business with a view to making a profit. The advantages of a partnership include:<br /><br />A. Combined knowledge and skills: Partnerships allow for the pooling of knowledge, skills, and resources, which can lead to better decision-making and increased efficiency.<br /><br />B. Distribution of profits: In a partnership, profits are typically shared among the partners, which can provide an incentive for each partner to work hard and contribute to the success of the business.<br /><br />C. Availability of capital and credit: Partnerships often have access to more capital and credit than individual businesses, as they can leverage the resources and connections of multiple partners.<br /><br />D. Ease of organization: Partnerships are generally easier to organize and manage compared to other types of business structures, such as corporations, as they do not require complex legal and administrative procedures.<br /><br />Therefore, the correct answer is D. Ease of organization, as it is not typically considered an advantage of a partnership.