Which of the Following Would Lack the Capacity to Become

question 39

Multiple Choice

Which of the following would lack the capacity to become a partner?

• A) A trust.
• B) An adjudicated incompetent.
• C) A corporation.
• D) All of these.

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Definitions:

Pretax Income

The amount of income a company generates before any taxes are deducted, also known as earnings before taxes (EBT).