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This question: 15 point(s) The partners who own Joy Rafts Co. wished to avoid the unlimited personal liability of the partnemhip form of business,
This question: 15 point(s) The partners who own Joy Rafts Co. wished to avoid the unlimited personal liability of the partnemhip form of business, so they incorporated as Joy Rafts, Inc. The charter from the sta 160,000 shares of $3 par common stock. In its first month, Joy Rafts, Inc., completed the following transactions (Click the icon to view the transactions.)
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