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Which of the following is not a characteristic of a general partnership? a)the partnership is created by a contract b)mutual agency c)partners share equally in
Which of the following is not a characteristic of a general partnership? a)the partnership is created by a contract b)mutual agency c)partners share equally in net income or net losses unless an agreement states differently d)dissolution occurs only when all partners agree I believe is d, but I am not so sure about b. Mutual agency should means that it is formed by mutual agreement? Thanks
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