If a Business Owner Needs Money for Expansion,but Does Not

question 79

Multiple Choice

If a business owner needs money for expansion,but does not want to give up sole control over the business,what type of partnership would be best?

• A) General partnership
• B) Limited partnership
• C) Active partnership
• D) Master limited partnership
• E) Cooperatives

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Definitions:

Birth Order

The theory that attributes various personality traits and behavioral differences to a person's order of birth within their family.

Quantum Change

Radical personality change.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, affecting thoughts, behaviors, and emotions.

Erik Erikson

A psychologist known for his theory on the psychosocial development of human beings, proposing eight stages of development from infancy to adulthood.