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.

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Definitions:

Fast And Irregular

Describing a heartbeat or rhythm that is quicker than normal and not consistent in pattern, often indicating a medical condition.

Delta Waves

Slow brain waves present in deep sleep, and also seen in certain states of brain injury or abnormal brain function.

Alpha Waves

Brainwave patterns associated with a relaxed, yet awake, state.

Beta Waves

Brainwaves detected by an EEG that represent a state of wakefulness and alert concentration.