Examlex

Solved

In Developing an Organizational Chart, Avoid Having a Particular Person

question 1

True/False

In developing an organizational chart, avoid having a particular person reporting to more than one person in the chain of command.


Definitions:

Limited Partnership

A business arrangement where at least one partner is a general partner who takes on unlimited liability, while others are limited partners whose liability is restricted to their investment in the partnership.

Federal Law

Laws that have been enacted by the national government of a country and which apply to the entire nation, superseding local or state laws where conflicts occur.

International Commerce

Refers to the exchange of goods, services, and capital across international borders or territories.

Certificate of Limited Partnership

A legal document filed with a state governmental body that officially recognizes a limited partnership's existence.

Related Questions