Examlex
Which of the following assets is MOST liquid?
Three Partners
Refers to a business structure where three individuals engage in a partnership to conduct business together.
Single Person
An individual not currently in a legal marriage or similar partnership; also refers to entities or businesses owned by one person.
Business for Profit
An organization or enterprise engaged in commercial, industrial, or professional activities with the objective of generating earnings.
Partnership
A legitimate business arrangement where two or more partners share both management responsibilities and profits.
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