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    Fundamental Accounting Principles Study Set 5
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    Exam 1: Accounting in Business
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    A Limited Partnership
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A Limited Partnership

Question 191

Question 191

Multiple Choice

A limited partnership:


A) Includes a general partner with unlimited liability.
B) Is subject to double taxation.
C) Has owners called sharesholders.
D) Is the same as a corporation.
E) May only have two partners.

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