Which of the Following Is Not a Principal Characteristic of the Partnership

question 63

Multiple Choice

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

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Definitions:

Natural Increase

The growth of a population through excess of births over deaths, excluding the effects of migration.

Slave Population

denotes the group of individuals forcibly held in bondage and compelled to work without wages, primarily in the southern United States before the Civil War.

African Influences

Refers to the cultural, social, linguistic, and historical impact of Africans and African descendants across the world, significantly in areas such as music, cuisine, language, and social practices.

Separate Identity

The concept of developing a distinct personality, culture, or brand that differentiates an entity from others.