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Which of the following is true of apartnership? Partnership firms have a limited life. B. The maximum loss an owner of a partnership can incur

Which of the following is true of apartnership?

Partnership firms have a limited life.

B.

The maximum loss an owner of a partnership can incur is the invested amount.

C.

All partnership firms are public firms.

D.

The owners of the partnership have limited liabilities for thepartnership's debts.

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