One Way to Eliminate Some of the Risk of Your

question 194

Multiple Choice

One way to eliminate some of the risk of your partners making costly mistakes that could jeopardize your personal assets is to set-up a:

• A)Master Limited Partnership.
• B)Sole proprietorship.
• C)Limited amount of time each can actively spend in the business.
• D)Limited Liability Partnership.

Understand collective behavior, its predictability, and its impact on society.

Compare and contrast different theoretical perspectives on urbanism as a lifestyle.

Analyze the factors affecting infant mortality rates in industrialized nations.

Understand the role of technological change in society and its impact on social change.

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Definitions:

Arbitration

A method of resolving disputes outside the courts, where the parties present their case to a neutral third party, who makes a binding decision.

Alternative Dispute Resolution Act

Legislation that provides for the resolution of disputes through methods other than litigation, such as arbitration or mediation.

Federal District Court

The general trial courts of the United States federal court system where civil and criminal cases are heard and decided.

ADR

Stands for Alternative Dispute Resolution; it is a set of procedures such as mediation and arbitration for resolving disputes outside the traditional judicial system.