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Which of the following is true of the partnership form of business organization? Multiple Choice A partnership will generally have more capital available to start
Which of the following is true of the partnership form of business organization?
Multiple Choice
A partnership will generally have more capital available to start a business relative to a sole proprietorship
You can only have one other individual in a partnership to be considered a partnership
Income from the partnership is taxed twice, once as personal income once as a dividend
It is less difficult to transfer ownership in a partnership relative to a publicly traded corporation
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