Question: A partnership: this the option for the answer. A partnership: is taxed the same as a corporation. terminates at the death of any limited partner.
A partnership:
this the option for the answer.
A partnership:
is taxed the same as a corporation.
terminates at the death of any limited partner.
creates an unlimited liability for all general partners for the partnership debts.
has the same ability to raise capital as a corporation does.
allows for easy transfer of interest from one general partner to another.
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