9. Which of the following statements about partnerships is false? A) A partnership is a legal entity that may enter into valid contracts, B) Partnerships are unincorporated entities. C) Only individuals may be partners in a partnership. D) Partnerships are sometimes referred to as passthrough entities since they do not pay federal income tax 10. Which of the following statements concerning partnerships is false? A) A properly-drafted partnership agreement is crucial. B) A general partner's basis in a partnership includes his share of partnership debt. C) Limited partnerships must have at least one general partner. D) A partner is taxed annually on only that portion of a partnership's taxable income that is actually distributed