Which of the Following Statements About Partnerships Is False

question 81

Multiple Choice

Which of the following statements about partnerships is false?

• A) A partnership is a legal entity that may enter into valid contracts.
• B) Partnerships are unincorporated entities.
• C) Only individuals may be partners in a partnership.
• D) Partnerships are sometimes referred to as passthrough entities since they do not pay federal income tax.

---

Definitions:

Stressful Situation

A scenario or event that puts pressure on an individual, potentially causing emotional strain or tension.

Lesbian Adults

Women who are emotionally, romantically, or sexually attracted to other women and are of adult age.

Late Adulthood

A life stage experienced by individuals typically aged 65 and older, characterized by physical, cognitive, and social changes.

Gay

A term referring to a person who is emotionally, romantically, or sexually attracted to individuals of the same sex.