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Question
Which of the following is a characteristic of partnerships?
A. They cannot operate in more than one state without obtaining a license to do so.
B. They are generally subject to more regulation and governmental supervision than a corporation.
C. They may not use any word in the name that would imply the existence of a corporation.
D. They are the least expensive form of business organization.
E. They allow unlimited number of people to become partners.
Answer
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