A partnership ________.
A) is a business owned by two or more individuals
B) has owners who are legally liable for everything the company does
C) may be organized under a partnership agreement
D) is all of these
Correct Answer:
Verified
Q5: The inputs of a firm include _.
A)revenues
B)liabilities
C)inventory
Q6: The four types of business are _.
A)service,wholesale,retail,and
Q7: Which of the following is true about
Q8: Corporations are _.
A)for-profit businesses only
B)manufacturers and not
Q9: The outputs of a firm are its
Q11: Stock sold for the first time is
Q12: Which of the following is legally a
Q13: A partnership agreement _.
A)exempts partners from unlimited
Q14: Financial services companies _.
A)deal in services related
Q15: The owners of a corporation are called
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