For federal income tax purposes, a partnership is not a tax-paying entity.
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Q5: For most purposes,the law recognizes a partnership
Q8: A sharing of both profits and losses
Q9: A partner owes to the partnership and
Q9: A partner is entitled to make secret
Q13: The majority rule controls decisions on ordinary
Q14: A partnership agreement can include almost any
Q15: A partner is a co-owner of partnership
Q15: A partner's profit from a partnership is
Q18: In a general partnership,all partners have equal
Q19: Each partner in a partnership has the
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