How is a proprietorship or partnership established


Response to the following questions:

1. What are the primary differences between debt financing and equity financing?

2. What are the major differences between a partnership and a corporation?

3. How is a proprietorship or partnership established?

4. Does the death of a partner legally terminate a partnership? If so, does it mean that the partnership must cease operating?

 

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Financial Accounting: How is a proprietorship or partnership established
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