Concept: A partnership combines the skills, capital and effort of two or more persons, but it lacks stability because it can be easily dissolved. Any feature that threatens continuity is a disadvantage, not an advantage.Explanation: Diversified managerial talents are an advantage because partners bring different skills. Greater financial resources are also an advantage because more partners contribute more capital. Keeping accounts private is another advantage because a partnership does not have to publish its financial record. However, the freedom to terminate the business easily is not an advantage. A partner may die, retire, become bankrupt or decide to leave, and the partnership may be forced to end. This makes the life of the business uncertain. Therefore, it is considered a limitation of partnership.Answer: C. Freedom to terminate business