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Question
Which group best defines a partnership?
a. A business owned and operated by one person who hires part time employees b. A voluntary association of two persons to have a business for profit
c. The governing body for a corporation d. A group of three persons in which each person has limited personal liability
Answer
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Related questions
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Making funds available to cover losses that cannot be eliminated by risk control
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a. True
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Liability on the part of an owner that extends beyond the owners investment in the business
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b. accrued expenses.
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