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    Principles of Accounting Study Set 1
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    Exam 12: Accounting for Partnerships
  5. Question
    Which of the Following Partnership Characteristics Is an Advantage
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Which of the Following Partnership Characteristics Is an Advantage

Question 101

Question 101

Multiple Choice

Which of the following partnership characteristics is an advantage?


A) Mutual agency
B) Ease of dissolution
C) Unlimited liability
D) Limited life

Correct Answer:

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