A general partnership: A. Is also called a sole proprietorship form of a business...

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Accounting

A general partnership: A. Is also called a sole proprietorship form of a business entity. B. Has unlimited liability with respect to company liabilities. C. Has to have a written agreement in order to be a legal partnership. D. A legal organization deemed separate from its partners for tax purposes. E. Has owners called shareholders and issues common and preferred stock.

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