Which one of the following is a reason for the popularity of partnerships as a legal form for businesses?

Multiple Choice

A$)$ Partnerships avoid the double taxation of income that is found in corporations.

B$)$ Partnerships require a written Articles of Partnership.

C$)$In some cases, losses may be used to offset gains for income tax purposes.

D$)$Partners in partnerships are not subject to unlimited liability.

E$)$Partnerships avoid mutual agency.