Multiple Choice
"Limited life" in a partnership agreement means:
A) a partnership is limited in the amount of debt it is liable for in the course of the business.
B) a partnership is limited to the amount of revenue it can earn.
C) a partnership may be dissolved if the location of the business has changed.
D) a partnership may be dissolved as the result of any change in the ownership.
Correct Answer:
Verified
Correct Answer:
Verified
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