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    Concepts in Federal Taxation
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    Exam 13: Choice of Business Entity-General Tax and Nontax Factorsformation
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    Paris Is a CPA and a Partner in a Small
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Paris Is a CPA and a Partner in a Small

Question 42

Question 42

True/False

Paris is a CPA and a partner in a small firm. To limit her liability from the negligence or misconduct of her partners, they can form the firm as a Limited Liability Partnership.

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