If a partner decides to start a new business, this must be approved by
A) a two-thirds vote of the partners.
B) a unanimous vote of the partners.
C) the county in which the partnership is located.
D) the stockholders.
Correct Answer:
Verified
Q17: A partnership can be formed only by
Q18: Under certain circumstances, a joint venture may
Q19: If a sole proprietorship or partnership operates
Q20: The disadvantage of the sole proprietorship is
A)
Q21: A business owned and operated by one
Q23: For federal income tax purposes, partnerships
A) file
Q24: The written agreement that creates a partnership
Q25: One of the advantages of the partnership
Q26: A partnership agreement must be in writing
Q27: All of the following are requirements of
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