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Question 7 1 pts Which of the following statements is true in regards to partnerships? O Apartnership is not subject to income tax on the
Question 7 1 pts Which of the following statements is true in regards to partnerships? O Apartnership is not subject to income tax on the profit it earns as companies or trusts are Partners involved in the management of the partnership are entitled to receive tax-free bonus Partnership is exempt from taxation, hence it is the the best way to do business Partners are easily able to to limit their liability
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