Which of the following partnership characteristics is an advantage? a. Unlimited liability b. Limited life c. Ease
Question:
a. Unlimited liability
b. Limited life
c. Ease of dissolution
d. Mutual agency
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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