Question: NetWare, which is a partnership with five partners, Multiple Choice distributes profits but not shares loss based on percentage of ownership has an unlimited partnership

profits but not shares loss based on percentage of ownership has an

NetWare, which is a partnership with five partners, Multiple Choice distributes profits but not shares loss based on percentage of ownership has an unlimited partnership life limits the active involvement in the firm to o single partner limi its each portner's personal iebility to 5 percent of the partnership's total debt distributes profits but not shares loss based on percentage of ownership has an unlimited partnership life limits the active involvement in the firm to a single partner limits each partner's personal liability to 5 percent of the partnership's total debt must distribute 20 percent of the profits to each partner

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