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  3. Study Set
    The Law and Business Administration Study Set 2
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    Exam 27: The Nature of a Corporation and Its Formation
  5. Question
    In Comparison with a Partnership, Which of the Following Is
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In Comparison with a Partnership, Which of the Following Is

Question 3

Question 3

Multiple Choice

In comparison with a partnership, which of the following is NOT considered to be an advantage of the corporate form of business?


A) limited liability
B) professional management
C) transfer of ownership
D) continuous existence
E) duty of good faith

Correct Answer:

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