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Answer true or false to the following statements: 1. Mutual agency means that actions of one partner are not binding on the other. 2. Unlimited

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Answer true or false to the following statements: 1. Mutual agency means that actions of one partner are not binding on the other. 2. Unlimited liability means that partners have limited liability. 3. Articles of partnership are never written. 4. A partnership itself does not pay taxes. 5. Co-ownership means that all partners share all assets of the partnership

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