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Which of the following is NOT an advantage of forming a partnership? Partners each have the right to participate in the profits of the business.

Which of the following is NOT an advantage of forming a partnership?

		Partners each have the right to participate in the profits of the business.
		Creation of a partnership does not require the filing of documentation.
		Creation of a partnership does not require the payment of fees.
		Partners avoid legal liability for the business's debts.

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