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Which of the Following Is True About the Content of a Standard

Question 34

Multiple Choice

Which of the following is true about the content of a standard partnership agreement?


A) It does not specify how profits and losses will be distributed.
B) It includes the Certificate of Incorporation.
C) It specifies how the partnership may be dissolved and assets divided.
D) While it specifies the location of the business and its purpose,it does not name the partners or their legal addresses in order to maintain privacy for the partners.

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