A Partnership Is Treated as a Separate Entity as Far

question 7

Multiple Choice

A partnership is treated as a separate entity as far as

• A) passing it on to heirs.
• B) its ability to exist independent of its owners.
• C) having its own assets and liabilities.
• D) bankruptcy is concerned.
• E) the paying of income taxes.

---

Definitions:

Assessment Center

A wide variety of specific selection programs that use multiple selection methods to rate applicants or job incumbents on their management potential.

Multiple Raters

The involvement of several individuals in assessing or evaluating performance, typically to enhance objectivity or reliability.

Evaluators

Professionals who assess or judge the quality, importance, or value of something, such as employee performance.

Job Enlargement

Broadening the types of tasks performed in a job.