Different forms of businesses have different characteristics. which of the following characteristics would apply to a partnership? check all that apply.

(a) income is allocated on a pro rata basis
(b) subject to unlimited personal liability
(c) can easily raise large amounts of capital
(d) taxed at individual level
(e) chartered by a state and is its own legal entity separate and distinct from its owners and managers
(f) legal arrangement between two or more people

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.