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Which one of the following statements is correct? All business organizations have bylaws. A general partnership is legally the same as a corporation. Income from
Which one of the following statements is correct?
- All business organizations have bylaws.
- A general partnership is legally the same as a corporation.
- Income from both sole proprietorships and partnerships that is taxable is treated as individual income.
- Only firms organized as sole proprietorships have limited lives.
- Partnerships are the most complicated type of business to form.
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
