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    Fundamental Accounting Principles Study Set 1
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    Exam 12: Accounting for Partnerships
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    Advantages of a Partnership Include
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Advantages of a Partnership Include

Question 161

Question 161

Multiple Choice

Advantages of a partnership include:


A) Tax-free designation of all income earned
B) Limited life.
C) Unlimited liability.
D) Voluntary association.
E) Mutual agency.

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