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A Disadvantage That Is NOT Peculiar to the Partnership Form

Question 57

Multiple Choice

A disadvantage that is NOT peculiar to the partnership form of organization includes


A) each partner is individually liable for all of the debts of the partnership.
B) the interest of a partner in the partnership cannot be transferred without the consent of the other partners.
C) termination of the partnership agreement, bankruptcy of the firm, or death of one of the partners dissolves the partnership.
D) the partners do not make the decisions that run the business.

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