Question
1. A partnership is considered a legal entity in each of the following ways except ? a. A partnership can be named in a suit.
1. A partnership is considered a legal entity in each of the following ways except?
a. A partnership can be named in a suit.
b. Partnership assets are arranged in a certain order to pay any outstanding debts.
c. A partnership can hold a title to a property.
d. Every partner is not considered an agent of the partnership.
e. Each partner has a fiduciary relationship with the others.
2. In which of the following situations could a partnership be considered a legal entity as opposed to a legal aggregate? | ||||||||||||||||||||||||||||||||||||
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