Which of the following is not true about a partnership?
A) it must be owned by two or more people
B) it is always an independent legal entity
C) partners co-own the business
D) partners share control over the business operation
E) all of the other choices are true
Correct Answer:
Verified
Q183: A _ is an association of two
Q184: A partnership can begin with either a(n)
Q185: A general partnership is:
A) an association of
Q186: A written partnership agreement typically specifies the
Q187: Which of the following are usually included
Q189: A _ is an association of two
Q190: Which of the following are usually included
Q191: The _ provides "default rules" that determine
Q192: In most circumstances, a partnership is now
Q193: Under traditional common law rules, a partnership:
A)
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