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  3. Study Set
    Accounting Principles
  4. Exam
    Exam 12: Accounting for Partnerships
  5. Question
    Which of the Following Is Not a Principal Characteristic of the Partnership
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Which of the Following Is Not a Principal Characteristic of the Partnership

Question 182

Question 182

Multiple Choice

Which of the following is not a principal characteristic of the partnership form of business organization?


A) Mutual agency
B) Association of individuals
C) Limited liability
D) Limited life

Correct Answer:

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