Question 12All of the following are characteristics of a partnership, except:OA.is not considered a separate legal entityO B.It has a definite lifehas two or more owners, and called stockholdersOD.the owners are liable for corporation's debts

Partnership is one of the form of business organisation.

Question 12 All of the following are characteristics of a partnership, except: OA. is not considered a separate legal entity It has a definite life В. OC. has two or more owners, and called stockholders O D. the owners are liable for corporation's debts

Question 12 All of the following are characteristics of a partnership, except: OA. is not considered a separate legal entity It has a definite life В. OC. has two or more owners, and called stockholders O D. the owners are liable for corporation's debts

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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