which of the following is false regarding the general partnership. a. general partnership cant own...
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Accounting
which of the following is false regarding the general partnership.
a. general partnership cant own title to property, partner owns it and contribute its use to the partnership
b. general partnerships are distinct entities from its partners in some respect but not others.
c. a partner can sell a financial interest in a partnership, but not an ownership interest without constent of all other partners
d. general partners can be liable for claims against the partnership, even if other partners created the liability
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