Engineering Economics
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.

Corporation
Partnership
Stockholders
Investors

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Engineering Economics
Which is true about partnership?

It can be handed down from one generation of partners to another.
It has a perpetual life.
It will be dissolved if one of the partners ceases to be connected with the partnership.
Its capitalization must be equal for each partner.

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