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What is a key characteristic of a partnership?

Practice Questions

1 question
Q1
What is a key characteristic of a partnership?
  1. It is a separate legal entity.
  2. It requires a formal registration process.
  3. It involves shared decision-making.
  4. It limits the number of partners to three.

Questions & Step-by-step Solutions

1 item
Q
Q: What is a key characteristic of a partnership?
Solution: A key characteristic of a partnership is that it involves shared decision-making among the partners.
Steps: 0

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