Question: 1. True or False: A partnership is a business structure where owners have limited liability for the company's debts and obligations. 2. True or False:

1. True or False: A partnership is a business structure where owners have limited liability for the company's debts and obligations. 2. True or False: Marketing research is primarily concerned with gathering information about competitors and their strategies. 3. True or False: Gross profit is calculated by subtracting operating expenses from net sales revenue.

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