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Tia and Sam Are Partners Who Solely Own T and S

Question 38

Multiple Choice

Tia and Sam are partners who solely own T and S Florist. As owners, they can


A) claim only limited liability.
B) avoid taking any legal responsibility for T and S.
C) sell stock in their company.
D) claim the organization as their legal property.
E) decide not to pay a dividend to their stockholders.

Correct Answer:

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