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All of the following could be a true statement about a general partnership except: a. The general partnership allows for quick, easy and immediate control.

All of the following could be a true statement about a general partnership except:

a. The general partnership allows for quick, easy and immediate control.

b. Partners can share partnership profits.

c. Partnership liabilities in a general partnership are limited to the amount of capital contribution of each general partner.

d. Partners can share in management of the partnership.

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