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Also, a partnership is much easier to form than a corporation because an agreement between parties is all that is required. This section is from the book popular law library vol8 partnership, private corporations, public corporations, by albert h. The partnership also assumed a p350000 note payable owned by labausa that was used to purchase the land. This book is good for 108 classhour subject and good for a six 6 unit subject for both bs accounting and nonbs accounting students.
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