A Partnership Is a Business

question 11

Multiple Choice

A partnership is a business:

• A) with two or more owners, with each owner liable for every other owner's actions.
• B) that has only one owner.
• C) legally treated as a person and owned by stockholders who are not liable for the actions of the corporate "person."
• D) in which each owner is liable only to the extent of his or her own investment.

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Definitions:

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