Which of the following statements is true of a general, Ask an Expert

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Which of the following statements is true of a general partnership? A) General partnership is true of a general partnership? B) A general partnership must be have at least one controlling partner C) A dissolution does not necessarily destroy the business of a partnership. d) Unlike proprietorships, partnerships are taxable entitites. 3) all partners in a general partnership have only limited liability for their organization's debts.

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