Question: Which of these options is NOT a difference between a partnership and a joint venture? a. A partnership has perpetual succession, so it continues to

Which of these options is NOT a difference between a partnership and a joint venture?

a.

A partnership has perpetual succession, so it continues to exist even after a partner's death.

b.

The partnership is a distinct legal entity, separate from all of the partners.

c.

Partnerships are regulated by state and territory Partnership Acts.

d.

All partners in a partnership must contribute equal resources to the partnership.

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