Multiple Choice
Erica and Melanie set up a partnership. Which of the following statements is true?
A) Erica and Melanie must live in the same state.
B) Erica and Melanie share jointly in the firm's profits.
C) Erica and Melanie are not personally liable for all the debts of the firm.
D) None of these choices is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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