As compared to corporations, disadvantages of the partnership business form include Multiple select question. mutual agency that limits the risk of the individual partners for
As compared to corporations, disadvantages of the partnership business form include
Multiple select question.
mutual agency that limits the risk of the individual partners for overall partnership debts.
unlimited personal liability of the individual partners for their proportional share of partnership debts.
mutual agency where individual partners can incur liabilities in the name of the partnership in the normal course of business.
unlimited personal liability of the individual partners for all partnership debts.
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Authors: Steven M. Bragg
3rd Edition
0470403721, 978-0470403723
