ACC$101\_$MH$\_$V$2$

Topic $7$: Assets: Cash and Controls

Question $3$

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A partnership:

Select one:

a$.$ Is also called a sole proprietorship.

b$.$ Has unlimited liability for its partners.

c$.$ Has to have a written agreement in order to be legal.

d$.$ Is a legal organization separate from its owners.

e$.$ Has owners called shareholders.

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