When Entering into a New Partnership,the Partners Should

question 136

Multiple Choice

When entering into a new partnership,the partners should:

• A)plan to incorporate as soon as possible.
• B)agree to put the first year's profits back into the partnership.
• C)avoid putting their agreement in writing since this would limit the flexibility of the partnership.
• D)put the partnership agreement in writing.

---

Definitions:

Nasopharynx

The upper part of the pharynx, connecting the nasal cavity above the soft palate to the oropharynx and laryngopharynx.

Tonsil

Small masses of lymphatic tissue located at the back of the throat that help in fighting off infections.

Pharyngeal

Relating to the pharynx, the part of the throat behind the mouth and nasal cavity.

Lingual

Lingual pertains to the tongue, often regarding its anatomical structure, functions, or associated phenomena like lingual nerves or lingual tonsils.