Under the common law, a partnership was generally considered to be a legal entity rather than an aggregate of individuals.
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Q1: General partnerships are used frequently in finance,
Q3: No person may become a member of
Q5: Owners of interests in businesses with unlimited
Q9: A sole proprietorship dissolves upon the death
Q11: Under the UPA, a partner's ownership interest
Q14: Miller and Baker formed a partnership and
Q15: Whether an individual partner or the partnership
Q16: Michelle and Margaret agree to form a
Q17: No minimum amount of capitalization is necessary
Q20: Landrum voluntarily assigns his transferable interest in
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