Albert and Edward Have Just Become Lawyers and Wish to Set

question 54

Multiple Choice

Albert and Edward have just become lawyers and wish to set up a practice together.In order to best protect themselves,they should conduct the practice as a

• A)corporation.
• B)general partnership.
• C)joint venture.
• D)limited liability partnership.
• E)limited partnership.

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Definitions:

Place Marketing

The promotion of a particular locale or destination to attract more visitors, residents, or businesses.

Low Tax Rates

Fiscal policy characterized by lower percentages of income or value taken by government in taxes, often aimed at stimulating economic growth.

Accessible Transportation

Transportation systems and services designed to be usable by people with a wide range of abilities, including those with disabilities.

Cause Marketing

A marketing strategy where businesses and charities form a partnership to market an image, product, or service for mutual benefit.