Multiple Choice
Which of the following is the correct definition for a partnership?
A) An association of two or more persons with one or more general partners and one or more limited partners
B) A legal entity ordinarily consisting of an association of numerous individuals
C) An association of two or more persons to carry on as co-tenants in business
D) An association of two or more persons to carry on as co-owners a business for profit
Correct Answer:
Verified
Correct Answer:
Verified
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