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10. It comprises all that the partners may acquire by their industry or work during the existence of the partnership. a. Universal partnership of all profits b. Universal partnership of all present property c. Particular partnership d. None of the above C.

10. It comprises all that the partners may acquire by their industry or work during the existence of the partnership. a. Universal partnership of all profits b. Universal partnership of all present property c. Particular partnership d. None of the above C.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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10. It comprises all that the partners may acquire by their industry or wor during the existence of the partnership. a. Universal partnership of all profits b. Universal partnership of all present property c. Particular partnership d. None of the above 11. A particular partnership has for its object determinate things, their ue or fruits, or specific undertaking, or the exercise of a profession vocation. a. Universal partnership of all profits b. Universal partnership of all present property c. Particular partnership d. None of the above 12. It is one where all the partners are general partners. a. De jure partnership De facto partnership b. Limited partnership d. General partnership C.
Transcribed Image Text:10. It comprises all that the partners may acquire by their industry or wor during the existence of the partnership. a. Universal partnership of all profits b. Universal partnership of all present property c. Particular partnership d. None of the above 11. A particular partnership has for its object determinate things, their ue or fruits, or specific undertaking, or the exercise of a profession vocation. a. Universal partnership of all profits b. Universal partnership of all present property c. Particular partnership d. None of the above 12. It is one where all the partners are general partners. a. De jure partnership De facto partnership b. Limited partnership d. General partnership C.
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