Which of the following is not a characteristic of a general partnership? Question 24 options: The partnership is created by a contract. Mutual agency exists. Partners share equally in net income or net losses unless an agreement states differently. Dissolution occurs only when all partners agree.
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Question 24 options:
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The partnership is created by a contract. |
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Mutual agency exists. |
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Partners share equally in net income or net losses unless an agreement states differently. |
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Dissolution occurs only when all partners agree. |
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