Which of the following is NOT a principal characteristic of the partnership form of business organization?
A) mutual agency
B) association of individuals
C) limited liability
D) limited life
Correct Answer:
Verified
Q51: Limited partnerships
A) must have at least one
Q52: The individual assets invested by a partner
Q53: A bonus to the remaining partners may
Q54: Which one of the following would NOT
Q55: A partnership agreement generally contains all of
Q57: The procedures for withdrawal of a partner
Q58: Which of the following statements about a
Q59: A limited liability partnership is designed to
A)
Q60: The liquidation of a partnership is done
Q61: The partnership of Ezekiel and Gibbons reports
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents