Engineering Economics
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

Partnership
Cooperative
Enterprise
Corporation

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Engineering Economics
In case of bankruptcy of a partnership,

The partners nay sell stock to generate additional capital
The partners personal assets are attached to the debt of the partnership
The partners are not liable for the liabilities of the partnership
The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities

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