Stockholder in catering business

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Reference no: EM131133709

Mary makes delicious cheesecakes and caters them to parties and meetings. In one case, however, a major outbreak of salmonella poisoning was traced to one of her cakes. Under these circumstances, would you rather be:

A) A stockholder in Mary’s catering business, or

B) A general partner in her business

Explain your preferences

In this question, i need to explain disadvantage of being a general partner in Mary's business. I want to use the unlimited financial liability as a disadvantage of having partnership. PLEASE HELP WITH THIS QUESTION.

Reference no: EM131133709

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