Which statement pertains to the disadvantages of partnerships?

The statement regarding the difficulties of dissolving a partnership when one partner is incompetent highlights a significant disadvantage of this type of business structure. In partnerships, all partners typically share responsibility for the operations and decision-making of the business. If one partner is deemed incompetent or is unable to fulfill their duties, it can complicate the management dynamics and lead to tension among partners. This situation may create challenges in resolving underlying issues, and it can impede business operations and overall performance.

Additionally, dissolving a partnership can involve navigating complex legal and financial implications, especially if the terms of the partnership agreement regarding dissolution weren't clearly defined beforehand. Thus, this statement accurately reflects a drawback inherent to partnerships, emphasizing the potential complications that can arise from partner-related issues.