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Legal Environment 5th Edition by Jeffrey Beatty,Susan Samuelson
Edition 5ISBN: 978-1133587491Legal Environment 5th Edition by Jeffrey Beatty,Susan Samuelson
Edition 5ISBN: 978-1133587491 Exercise 13
A limited liability partnership:
A) has ownership interests that cannot be transferred.
B) protects the partners from liability for the debts of the partnership.
C) must pay taxes on its income.
D) requires no formal steps for its creation.
(e) permits a limited number of partners.
A) has ownership interests that cannot be transferred.
B) protects the partners from liability for the debts of the partnership.
C) must pay taxes on its income.
D) requires no formal steps for its creation.
(e) permits a limited number of partners.
Explanation
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Joint venture is a limited function or p...
Legal Environment 5th Edition by Jeffrey Beatty,Susan Samuelson
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