What Is the Practice of Procuring from External Sources Services

question 67

Multiple Choice

What is the practice of procuring from external sources services or products that are normally part of an organization?

• A) nearshoring
• B) farshoring
• C) offshoring
• D) outsourcing
• E) backsourcing

Understand the processes involved in the dissolution, winding up, and termination of a partnership.

Appreciate the rights and obligations of partnership upon the entry and exit of partners.

Recognize the degree of authority partners have in managing partnership affairs and in binding the partnership to third parties.

Understand the consequences of partners' wrongful acts and misrepresentations on the partnership and third parties.