Which of the following is a characteristic of a general partnership? A. It is...
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Accounting
Which of the following is a characteristic of a general partnership? A It is owned by one individual. B Partnerships do not have to pay taxes, but a corporation does. C Only one partner can make decisions. D It is a corporation. E The partners have joint liability for the firm's financial obligations. 
Which of the following is a characteristic of a general partnership?
A It is owned by one individual.
B Partnerships do not have to pay taxes, but a corporation does.
C Only one partner can make decisions.
D It is a corporation.
E The partners have joint liability for the firm's financial obligations.
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