Examlex
Which of the following would not appear on an income statement?
Act of the Court
An action taken or an order made by a court of law.
Partnership Terminated
The ending or dissolution of a business partnership through various means, including mutual agreement, expiration of terms, or court order.
Limited Partnership
A partnership arrangement where at least one partner has limited liability to the extent of their investment in the business, while at least one other has unlimited liability.
General Partner
A partner in a partnership who has unlimited liability for the debts of the partnership and takes part in the management of the business.
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