A Legal Entity with Authority to Act and Have Liability

question 297

True/False

A legal entity with authority to act and have liability separate from its owners is called a partnership.

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Definitions:

Approximate

To approximate means to find a value close to the exact answer, often through estimation or rounding.

Real Number

A value that represents a quantity along a continuous line, including both rational and irrational numbers.

True Inequality

A true inequality is an inequality statement that accurately describes the relationship between two values or expressions based on the given conditions.

Real Number

A value that represents a quantity along a continuous line, including all rational and irrational numbers.