Past Oriented Theories Are Often Referred to as ______

question 70

Multiple Choice

Past oriented theories are often referred to as ______.

• A)utilitarian
• B)contingent
• C)retributivist
• D)overt

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Definitions:

UPA

Uniform Partnership Act; legislation that governs the operation of partnerships in the United States.

Partnership Creditor

A creditor that has a claim against the assets or earnings of a partnership, often arising from debts or obligations of the partnership.

Contract Obligation

A legal duty under a contract that a party must fulfill as part of the contractual agreement.

Dissolution

The process by which a company's existence is legally terminated.