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A partnership where all partners share in the management and the profits is a:
AGeneral partnership
BGenerous partnership
CGenuine partnership
DGradual partnership
Answer & Solution
Correct answer: A. General partnership
1. No partner sits out of management.
2. Profits are shared among them all.
3. It is a general partnership.
_Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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