Multiple Choice
Lucy is in a partnership. Which of the following statements is not true?
A) Lucy shares in the partnership's profits and losses.
B) Lucy must give two weeks' notice before withdrawing from the partnership.
C) Lucy may withdraw at any time from the partnership.
D) Lucy must declare her shares of the partnership's profits on her personal income tax return.
Correct Answer:
Verified
Correct Answer:
Verified
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