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Are the following statements True or False?

A general partnership must have at least 2 members with each having their potential financial loss in the partnership limited to their individual investment.

The owner of a sole proprietorship has unlimited liability for the company’s debt.

A corporation is considered a separate legal entity from its shareholders.

Once a corporation has paid taxes on its income, it can be passed on as tax-free dividends to its shareholders.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91374354

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