Engineering Economics
Which is true about partnership?

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

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Engineering Economics
In a cash flow series:

The gradient in the cash flow may be positive or negative
Either an increase or decrease in the amount of a cash flow is called the gradient
Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
All of these

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