Question: Multiple Choice Question A partnership in which partners share in gains or losses and carry unlimited liability for all partnership debts is called a corporation

Multiple Choice Question
A partnership in which partners share in gains or losses and carry unlimited liability for all partnership debts is called a
corporation
proprietorship
general partnership
limited liability partnership
 Multiple Choice Question A partnership in which partners share in gains

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!