Which of the following is not a characteristic of a partnership firm? Select one: A. Limited Liability B. Easy Formation C. Mutual Consent D. Equal Profits

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter15: Partnership Accounting
Section: Chapter Questions
Problem 3MC: Which of the following is a disadvantage of the partnership form of organization? A. limited life B....
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Which of the following is not a characteristic of a partnership firm?

Select one:
A. Limited Liability
B. Easy Formation
C. Mutual Consent
D. Equal Profits
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