Explain three characteristics that distinguish a proprietary company from a partnership.
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1 The main difference between a company and a partnership is that a company is a separate legal entity at law and a partnership is not Separate legal status means that a company is recognised legally ...View the full answer
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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