Engineering Economics
Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence.

Corporation
Organization
Partnership
Property

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Engineering Economics
Which is true about partnership?

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

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