According to the textbook, a partnership usually has more capital available than a sole proprietorship because partners can pool their funds. This additional capital, in addition to the general partners’ unlimited liability and partners working together in management skills, may encourage (blank) to extend more credit or approve larger loans to a partnership than to a sole proprietor. : Economics Homework Help

Question

According to the textbook, a partnership usually has more capital available than a sole proprietorship because partners can pool their funds. This additional capital, in addition to the general partners’ unlimited liability and partners working together in management skills, may encourage (blank) to extend more credit or approve larger loans to a partnership than to a sole proprietor.

Answer

banks and suppliers

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