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    Foundations of Financial Management Study Set 1
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    Exam 1: The Goals and Activities of Financial Management
  5. Question
    The Partnership Form of Organization
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The Partnership Form of Organization

Question 34

Question 34

Multiple Choice

The partnership form of organization:


A) avoids the double taxation of earnings and dividends found in the corporate form of organization.
B) usually provides limited liability to the partners.
C) has unlimited life.
D) simplifies decision making.

Correct Answer:

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