True/False
A general partnership is valid only if it is carried out for profit.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: List and briefly explain the advantages and
Q47: The _ requires general partners to adhere
Q48: An entrepreneur is a person who forms
Q49: General partners are permitted to sue other
Q50: Self-dealing-although fully disclosed-is not permitted in a
Q52: Instead of suing the partnerships or other
Q53: The _ is a model act that
Q54: Why does a sole proprietorship not pay
Q55: The name selected by a general partnership
Q56: All general partners have an equal right