A limited partnership Multiple Choice has an unlimited life can opt to be taxed as a corporation terminates at the death of any one limited partner has at least one partner who has unlimited liability for all of the partnership 's debts consists solely of limited partners ...

Correct Answer Has at least one partner ...

A limited partnership: Multiple Choice has an unlimited life. can opt to be taxed as a corporation.

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A limited partnership:

Multiple Choice

has an unlimited life.
can opt to be taxed as a corporation.
terminates at the death of any one limited partner.
has at least one partner who has unlimited liability for all of the partnership's debts.
consists solely of limited partners.

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Financial accounting

ISBN: 978-0136108863

8th Edition

Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas

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Posted Date: Feb 24, 2022 01:54 AM

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A limited partnership: Multiple Choice has an unlimited life. can opt to be taxed as a corporation.

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Financial accounting

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