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Which of the following are all Characteristics of a general partnership? 1 Limited liability 2 Taxed at the entity level 3 Considered a pass through

Which of the following are all Characteristics of a general partnership?

1

Limited liability

2

Taxed at the entity level

3

Considered a pass through entity

4

Easy to organize

5

Must have two or more partners

6

Has continuity of life

a)

1,2,4 only

b)

3,4,5 only

c)

3,5,6 only

d)

4,5,6 only

e)

1,5,6 only

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