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2. partners are-

  • jointly liable
  • able to have limited liability
  • not liable for each others negligence

3. as of what year, is there no maximum number of people in a partnership

  • 1890
  • 1980
  • 2002
  • 2006

4. The definition of partnership is found -

  • S1 PA 1890
  • S27 CA 2006
  • S1 PA 1980
  • S3 CA 2006

5. The formation process of a sole trader is informal

  • True
  • False
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