Abby,Adam,and Arnold Are Partners

question 9

Multiple Choice

Abby,Adam,and Arnold are partners.They have planned to continue the partnership even after the death of any one partner.To this end,the partners have:

• A)stipulated in their wills that their share of the partnership is bequeathed to the other two partners.
• B)purchased life insurance policies naming the other two partners as beneficiaries.
• C)created trust funds that can be used to pay off the heirs of the deceased partner.
• D)secretly signed documents to be opened only after the death that the deceased partner relinquishes all claims to the partnership.

---

Definitions:

Wide Product

A broad selection of products within a company's portfolio, catering to varied customer needs and preferences.

Service Selection

The process of choosing among various service providers or service offerings based on criteria such as quality and price.

Choiceboard

A digital platform that enables customers to personalize products or services based on their own choices.

Electronic Dialog

The communication that occurs through electronic means, such as emails, chat rooms, and social media platforms, between businesses and customers.