Multiple Choice
The three key elements of any partnership are:
A) common ownership in the business,sharing the business' profits or losses,and the right to participate in managing the business.
B) equal ownership in the business,sharing its profits and losses,and the right to participate in managing the business.
C) equal ownership in the business,sharing its profits and losses,and the right to limited liability for all partners.
D) common ownership in the business,sharing its profits and losses,and the right to limited liability for all partners.
Correct Answer:

Verified
Correct Answer:
Verified
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