Which of the Following Is a Characteristic of a Partnership

question 145

Multiple Choice

Which of the following is a characteristic of a partnership?

• A) Partnerships pay corporate income taxes.
• B) Partnerships are listed on a stock exchange.
• C) Partnerships are organized as corporations.
• D) Partners have co-ownership of the partnership's assets.

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Definitions:

Potassium Feldspar

A very common silicate mineral that contains potassium; synonym: K-feldspar.

Meteorite

A solid piece of debris from an object, such as a comet, asteroid, or meteoroid, that originates in outer space and survives its passage through the Earth's atmosphere to reach the ground.

Nonsilicates

Minerals that do not contain silicon-oxygen tetrahedra, including classes like oxides, sulfides, and carbonates.

Silicon

A chemical element, symbol Si, known for its semiconductor properties and widely used in electronic devices and solar cells.