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Which of the following is NOT an attribute of partnerships? a. Limited life b. Each partner receives dividends from current years earnings c. Each partners
Which of the following is NOT an attribute of partnerships?
a.
Limited life
b.
Each partner receives dividends from current years earnings
c.
Each partners share of partnership income is included on their personal tax return.
d.
It is a business owned and operated by two or more people.
e.
Each partner is jointly and separately responsible for all the liabilities of the partnership
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