In a partnership
A) each partner's liability is limited to their investment in the company.
B) profits are taxed at both the corporate rate and the personal income tax rate.
C) upon the death of a partner it may be necessary to sell the business.
D) there is a separation of ownership and management like in a corporation.
C
Economics
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Which of the following is an administered interest rate set by the Federal Reserve?
A) The discount rate B) The federal funds rate C) The prime rate D) The commercial paper rate
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Explain why the price elasticity of demand changes along a linear demand curve
What will be an ideal response?
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