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True or False
_________1.In partnership, only the managing partner can act as an agent of the business.
_________2.Unlike corporations, the liabilities of partnerships and sole proprietorship are unlimited.
__________3. A partnership has no legal identity separate from the owners.
__________4. All responsibilities and business decisions fall on the shoulder of the sole proprietorship.
___________5. In partnership, a partner may be subject to personal liability due to the fault of the other partners.
(FABM1)Subject

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JEANLEWISIN

[tex] \large \mathfrak \color{GREEN}{Okay \: lets \: start}[/tex]

[tex]\Huge \color{Blue}{Answer:}[/tex]

1.[tex]\small\color {GREEN}\boxed{True}[/tex]

2.[tex]\small\color {Blue}\boxed{True}[/tex]

3.[tex]\small\color {Purple}\boxed{False}[/tex]

4.[tex]\small\color {Red}\boxed{True}[/tex]

5.[tex]\small\color {Black}\boxed{False}[/tex]

[tex] \large \mathfrak \color{GREEN}{Make \: me \: brainliest}[/tex]

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