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A partnership: Multiple Choice allows for easy transfer of ownership fronthe general partner to another. has the same ability as a corporation to raise capital.
A partnership:
Multiple Choice
allows for easy transfer of ownership fronthe general partner to another.
has the same ability as a corporation to raise capital.
is taxed in the same fashion that a corporation is taxed.
creates for all general partners an unlimited liability for the partnership's debts.
terminates upon the death of any limited partner.
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