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Which one of the following statements about partnerships is true? 1. The personal liability of each partner for the partnerships liability is unlimited 2. Partners
Which one of the following statements about partnerships is true? 1. The personal liability of each partner for the partnerships liability is unlimited 2. Partners carry on a business in common with a view to break even 3. Profits are always shared equally 4.New partners cannot join if they previously worked as an employee for the business Group of answer choices A. 3 B. 4 C. 2 D. 1
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