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Partnership s1 pa 1890 Study guides, Class notes & Summaries

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LPC BLP PMR (100% Correct Answers)

  • LPC BLP PMR (100% Correct Answers)

  • Exam (elaborations) • 5 pages • 2023
  • Partnership (s1 PA 1890) correct answers the relationship which subsists between persons carrying on a business in common with a view of profit Legal status of a partnership? correct answers - no separate legal identity - partnership cannot own property or enter into contracts itself limited partnership correct answers Some partners are not liable for debts and other liabilities of partnership i.e. "limited partners" Do general Partners have unlimited liability correct answers yes ...
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