Which one of the following is not a usual characteristic of either a proprietorship or a partnership?

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Which one of the following is not a usual characteristic of either a proprietorship or a partnership?

a. Limited size

b. Limited life

c. Ease of formation

d. Unlimited liability


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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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