Partnerships Differ from Sole Proprietorships Because Partnerships

question 122

Multiple Choice

Partnerships differ from sole proprietorships because partnerships

• A)generate fewer profits than do sole proprietorships.
• B)are characterized by unlimited liability and sole proprietorships are not.
• C)consist of two or more partners sharing the responsibilities of the firm and sole proprietorships do not.
• D)require a written agreement and sole proprietorships do not.
• E)require a state charter and sole proprietorships do not.

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Definitions:

Crusted Eyelids

A condition characterized by the buildup of dry, flaky skin or discharge on the eyelids, often associated with infections or inflammations.

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A refractive error in the eye where light focuses in front of, instead of on, the retina, causing distant objects to appear blurred.

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Medicated drops used to treat bacterial infections of the eye, preventing or limiting the spread of bacteria.

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A muscle in the orbit that elevates the upper eyelid.