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5 3 1.9 Which of the following are true of partnerships? 1 The partners' Individual exposure to debt is limited. 2 Financial statements for the

5 3 1.9 Which of the following are true of partnerships? 1 The partners' Individual exposure to debt is limited. 2 Financial statements for the partnership by law must be produced and made public. A partnership is not a separate legal entity from the partners themselves. 1 and 2 only 2 only 3 only 1 and 3 only (2 marks) o

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