Which of the Following Best Defines a Partnership

question 62

Multiple Choice

Which of the following best defines a partnership?

• A) A business owned and operated by one person
• B) A voluntary association of two or more persons to carry on, as co-owners, a business for profit
• C) The governing body for corporate activity
• D) An organization in which each owner has limited personal liability

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Definitions:

Mind Maps

A diagram used to visually organize information, often around a central concept, using branches and images to represent words, ideas, or tasks.

Project Board

A visual management tool used for project oversight and to track the progress of tasks, typically consisting of columns or sections that represent different stages of project completion.

Handling Interruptions

The process of managing disturbances or disruptions in workflow or activities effectively to maintain focus and productivity.

Consolidate Similar Tasks

The strategy of grouping like tasks together to improve efficiency and reduce the time spent switching between different types of activities.