Question
The profits of a general partnership_______. A. cannot exist unless the partnership has a limited partner B. pass through the business to the partners C.
The profits of a general partnership_______.
A.
cannot exist unless the partnership has a limited partner
B.
pass through the business to the partners
C.
are not taxable to the individual partners
D.
are not taxable unless the partnership has over$100,000 in net income
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Management and Cost Accounting
Authors: Colin Drury
10th edition
1473748873, 9781473748910 , 1473748917, 978-1473748873
