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7. Which of the following characteristics should exist to
recognise a business as a partnership?
A. There needs to be co-ownership, a
business and intention to share profits.
B. The business needs to be registered
with the Registrar of Companies.
C. The owners should have written an
agreement to conduct business as
partners.
D. There should be both general and
sleeping partners.
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7. Which of the following characteristics should exist to
recognise a business as a partnership?
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