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  3. Study Set
    Accounting Principles
  4. Exam
    Exam 12: Accounting for Partnerships
  5. Question
    Which One of the Following Would Not Be Considered a Disadvantage
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Which One of the Following Would Not Be Considered a Disadvantage

Question 204

Question 204

Multiple Choice

Which one of the following would not be considered a disadvantage of the partnership form of organization?


A) Limited life
B) Unlimited liability
C) Mutual agency
D) Ease of formation

Correct Answer:

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