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Which is a characteristic of a partnership

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Reference no: EM132553759

Question 1: Which of the following is a characteristic of a partnership?

i. A partnership is a voluntary association, based on a contract, between/among two or more persons

ii. The life of a partnership is always limited

iii. All partners in a general partnership are personally liable for all partnership debts

Option a i only

Option b ii only

Option c iii only

Option d i, ii, iii

Reference no: EM132553759

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