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    Accounting Study Set 4
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    Exam 12: Accounting for Partnerships and Limited Liability Companies
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    What Is a Partnership? List Three Advantages and Three Disadvantages
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What Is a Partnership? List Three Advantages and Three Disadvantages

Question 161

Question 161

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What is a partnership? List three advantages and three disadvantages of the partnership form of business organization.

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A partnership is a voluntary association...

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