Which of the Following Is True of General Partnership

question 26

Multiple Choice

Which of the following is true of general partnership?

• A)A business should make a profit in order to qualify as a general partnership.
• B)The general partners need not be the co-owners of the business.
• C)General partnerships can be either oral or implied from the conduct of the parties.
• D)Charity organizations and schools are mostly formed from general partnerships.

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Definitions:

Management

The process of dealing with or controlling things or people, often within a business, organization, or project to achieve goals efficiently and effectively.

Medical Research

Medical research is the scientific study aimed at improving knowledge in fields related to medicine and healthcare, encompassing both basic and clinical research.

Patient Responses

The reactions, both verbal and non-verbal, of patients to medical interventions, treatments, or communication from healthcare professionals.

Patient Registration Form

A document filled out upon a patient's first visit to a healthcare provider, collecting personal, medical, and insurance information.