Question Tag: Partnership Characteristics

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  • 1 Marks

BL – May 2016 – L1 – SA – Q4 – Partnership Law

Identify the characteristic that does not belong to a partnership.

Which of the following is NOT a characteristic of a partnership?
A. Sharing losses
B. Sharing profits
C. Business
D. Liability to pay income tax on its profits
E. The pooling of resources together

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  • 1 Marks

BL – May 2016 – L1 – SA – Q4 – Partnership Law

Identify the characteristic that does not belong to a partnership.

Which of the following is NOT a characteristic of a partnership?
A. Sharing losses
B. Sharing profits
C. Business
D. Liability to pay income tax on its profits
E. The pooling of resources together

Login or create a free account to see answers

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Register

Find Related Questions by Tags, levels, etc.

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