Which of the following is a characteristic of most partnerships? O A. Limited liability B. Mutual contribution C. Unlimited life O D. Division of profits only
Which of the following is a characteristic of most partnerships? O A. Limited liability B. Mutual contribution C. Unlimited life O D. Division of profits only
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Which of the following is a
characteristic of most partnerships?
A. Limited liability
O B. Mutual contribution
O C. Unlimited life
O D. Division of profits only
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