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If a business is organized as a general partnership, which would a partner NOT expect? Group of answer choices All profits and losses on the
If a business is organized as a general partnership, which would a partner NOT expect?
Group of answer choices
All profits and losses on the partnership income will be passed through to the individual partners' income tax returns.
The partnership will be dissolved after the death, withdrawal, or bankruptcy of one of the partners.
All partners will operate to some extent in the operation and management of the business.
All partners will be held jointly and severally liable for all business losses and obligations.
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