Question: partnting when rour general partners:eBookPrintMultiple ChoiceReferencesdistributes profits based on each partner's percentage of ownership.has an unlimited life.must limit the active involvement in the firm to

partnting when rour general partners:eBookPrintMultiple ChoiceReferencesdistributes profits based on each partner's percentage of ownership.has an unlimited life.must limit the active involvement in the firm to a single partner.limits each partner's personal liability to 25 percent of the partnenship's total debt.must distribute 25 percent of the partnership's profits to each partnet

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