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For tax purposes a partnership and a corporation are treated in an identical manner. (Points : 1)

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For tax purposes a

partnership and a corporation are treated in an identical manner. (Points : 1)

Question 2.2. For tax purposes a partnership and a corporation are treated in an identical manner. (Points : 1)       True 
       False 
Question 3.3. When a corporation issues common stock the stock holders are not guaranteed dividends in the future. (Points : 1)       True 
       False 
Question 4.4. If a firm wants to conduct business in multiple states then the firm cannot be a sole proprietorship. (Points : 1)       True 
       False 
Question 5.5. A partner is allowed to contribute property that is still being paid for into the partnership. (Points : 1)       True 
       False 
 
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