Which One of the Following Is Not True About Partnerships

question 58

Multiple Choice

Which one of the following is not true about partnerships?

• A)There must be two or more owners.
• B)General partners assume more risk of legal liability than limited partners.
• C)An LLC limits certain liability risks.
• D)A partnership is taxed like a corporation.
• E)All of the above are true.

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Definitions:

Motivational Symptoms

Symptoms that affect a person's drive, desire, or motivation to engage in activities or pursue goals.

Cognitive Symptoms

Manifestations related to mental processes, including memory, perception, problem-solving, and executive function, often impacted in psychiatric or neurological conditions.

Physical Symptom

A noticeable change in the body that indicates a condition or disease.

Depression

A syndrome of mental disturbance characterized by persistent feelings of unhappiness or indifference toward life, seriously impairing regular daily life.