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Randy and Mandy Plan to Pool Their Money and Musical

Question 329

Multiple Choice

Randy and Mandy plan to pool their money and musical talents to form a general partnership and begin booking weekend gigs. One of the first things Randy and Mandy should do is:


A) seal the deal with at least five clubs where they can book three months' worth of gigs.
B) consult an attorney and put their agreement in writing.
C) pay the partnership formation fee to their state's commerce commission.
D) file the limited liability paperwork at the courthouse in the county in which their partnership will be formed.

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