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TB MC Qu. 01-21 ___ are personally responsible... ______ are personally responsible for 100 percent of the firms debts. Multiple Choice Both general partners and

TB MC Qu. 01-21 ___ are personally responsible...

______ are personally responsible for 100 percent of the firms debts.

Multiple Choice

  • Both general partners and sole proprietors

  • General Partners but not sole proprieters

  • Both limited and general partners

  • Sole prorprieters but not general partners

  • All business owners

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