Register
Please help asap What are the characteristic features of a partnership? Partnerships have two or more partners who agree to share their profits and losses based upon a prior agreement. All the partners
88.0k views
2 votes
Please help asap

What are the characteristic features of a partnership?
Partnerships have two or more partners who agree to share their profits and losses based upon a prior agreement. All the partners have ___________
liability.​

User Amruth
by
5.1k points

2 Answers

3 votes

Answer:

unlimited liability

Step-by-step explanation:

User Mrjink
by
4.8k points
3 votes

Answer:

unlimited personal liability

User Danitza
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.7m answers

Other Questions

Decker Tires' free cash flow was just FCF0 = $1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The WACC
Misk Co. purchased the following securities during 20X7 to be classified as held-to-maturity securities, trading securities, or available-for-sale securities: I. Debt securities bought and held for the
Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Donna's philosophy as she coordinates the marketing efforts is to keep in mind the company's overarching strategy, and to ensure that all marketing activities send a consistent message, beginning with
Link Copied!