WHICH OF THE FOLLOWING IS INCORRECT ABOUT PARTNERSHIPS

21. - EXAM SOLUTION 2 FUNDAMENTALS OF CORPORATE FINANCE, 4TH EDITION BREALEY
EXAM SOLUTION 2 FUNDAMENTALS OF CORPORATE FINANCE, 4TH EDITION BREALEY
21. Which of the following is incorrect about partnerships: A) Partners have unlimited liability for themselves and their partners. B) Partnerships are easy to start. C) Partners are subject to double taxation. D) Partnerships are flow-through entities. E) All of the above statements are correct.