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A Corporation Can Be a Partner in a Partnership

question 122

True/False

A corporation can be a partner in a partnership.


Definitions:

Fitness

A state of health and well-being, often focused on the ability to perform physical activities or meet specific physical criteria.

Disclaimer

A statement that denies responsibility, limiting one's legal liability.

Remedy Limitation

Provisions within a contract that limit the types of remedies or compensation one party can seek from another in case of breach.

Liability

Legal responsibility for actions, which can include debts or obligations, and the obligation to make restitution for harm caused.

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