William, Irene, Jason, Barbara, and Immunographics, Inc., form a partnership for the purposes of developing designs for medical products. This partnership is:

a.) invalid because corporations cannot be a partner in a partnership.

b.) invalid because a partnership cannot have more than three members.

c.) valid because corporations can be a partner in a partnership.

d.) valid because partnerships generally require at least one corporation as a partner.

c.) valid because corporations can be a partner in a partnership.

Business

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Indicate whether the statement is true or false.

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