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What Are Articles of Copartnership

Question 3

Multiple Choice

What are articles of copartnership?


A) They are the instruments by which a partnership is formed under the business laws of a given state.
B) They state what the business can do and provide other organizational and financial information.
C) They are drawn up before the formation of a partnership to show the rights, duties, and responsibilities of each partner.
D) They explain how stockholders can buy out each other's interest in the business.

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