Joint and several liability means that any partner may legally bind in good faith other partners in a contract or agreement.
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Q3: Partners must contribute capital or assets to
Q5: A management team is often stronger than
Q10: Sole proprietors often benefit from fringe benefits
Q13: Ownership in a corporation is evidenced by
Q14: The concept of balance on the management
Q16: A corporation's charter should be brief, in
Q17: The sole proprietorship is usually the practical
Q21: The desire for continuity of a business
Q22: The name S corporation comes from the
Q23: The form of ownership of a business
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