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Author Question: Which of the following statements best describes partnerships and/or corporations? (Read 65 times)

mimie

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on: Aug 7, 2023
Which of the following statements best describes partnerships and/or corporations?

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In a regular partnership, a partner’s liability for the firm’s debts is limited to the amount they have invested in the business.


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Corporations are at a disadvantage relative to partnerships because the earnings of the corporation are taxed at the firm level, not at the individual level.


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There mustbeat least onegeneral partner in a limitedpartnership. 


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A slow-growth business would be more likely to set up as a corporation for its business organization than would a fast-growth business.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by mimie on Aug 7, 2023

Deonnak85

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mimie

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Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)

LVPMS

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Reply 3 on: Yesterday
Excellent

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