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The Desire for Continuity of a Business Might Be One

question 70

True/False

The desire for continuity of a business might be one reason to organize as a corporation rather than as a partnership.


Definitions:

Spot Market

A public financial market where commodities or financial instruments are traded for immediate delivery.

Futures Market

A standardized market for buying and selling contracts that obligate the delivery of commodities, currencies, or financial instruments at a future date.

Simultaneous

Happening, functioning, or being carried out simultaneously.

Position

In finance, a position refers to the amount of a particular asset or security that is owned by an individual or entity.

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