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A partnership with four general partners: Multiple Choice distributes profits based on percentage of ownership. limits each partner's personal liability to 25 percent of the

A partnership with four general partners:\ Multiple Choice\ distributes profits based on percentage of ownership.\ limits each partner's personal liability to 25 percent of the partnership's total debt.\ limits the active involvement in the firm to a single partner.\ must distribute 25 percent of the profits to each partner.\ has an unlimited life.

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A partnership with four general partners: Multiple Choice distributes profits based on percentage of ownership. limits each partner's personal liability to 25 percent of the partnership's total debt. limits the active involvement in the firm to a single partner. must distribute 25 percent of the profits to each partner. has an unlimited life

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