In Comparison with a Partnership,which of the Following Is NOT

question 8

Multiple Choice

In comparison with a partnership,which of the following is NOT considered to be an advantage of the corporate form of business?

• A)limited liability
• B)continuous existence
• C)duty of good faith
• D)transfer of ownership
• E)professional management

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Definitions:

Humanistic Approaches

A psychological perspective that emphasizes the study of the whole person and the uniqueness of each individual's experience.

Unconscious Desires

Wishes or wants that influence behavior without an individual's conscious awareness, often discussed in psychoanalytic theory.

Early Infancy

The initial stage of a child's development, typically referring to the first year of life.

Recent Past

Describes a period that has occurred shortly before the present time, often implying events or conditions that have a direct impact on the current state.