In a general partnership,each partner is liable only for the debts he or she incurs.
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Q22: Which of the following is not a
Q23: Partnerships have fewer regulatory controls than corporations.
Q24: Selling an interest in a partnership may
Q25: Articles of partnership are required by many
Q26: All states require partnerships to have articles
Q28: What are the advantages of sole proprietorships
Q29: It is easier to raise funds in
Q30: A limited partnership always has at least
Q31: In a partnership,all partners are equally liable.
Q32: When are limited partnerships generally used?
A) When
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