Characteristics of a general partnership include all of the following except:________
a. limited life. b. mutual agency. c. unlimited liability. d. a corporate business income tax. e. voluntary association.

Respuesta :

Characteristics of a general partnership include all of the following except option C which is unlimited liability.

What is general partnership?

A general partnership can be described as the business  that is  made up of two or more partners, that are  sharing the business's debts ,as well as  assets.

The Characteristics of a general partnership are:

  • limited life.
  • mutual agency.
  • a corporate business income tax.
  • voluntary association.

Therefore, option C is correct.

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