Which of the Following Is NOT an Appropriate Legal Structure

question 94

Multiple Choice

Which of the following is NOT an appropriate legal structure for an entrepreneurial company?

• A) Limited Liability
• B) Corporation
• C) Partnership
• D) Trade alliance
• E) All of these are appropriate legal structures for an entrepreneurial company.

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Definitions:

Ethnocentrism

The act of evaluating other cultures according to preconceptions originating in the standards and customs of one's own culture.

Country-of-Origin Effects

The influence that the country where a product is produced has on consumers' perceptions and attitudes towards the product.

Decision-Making Heuristic

Cognitive shortcuts or rules of thumb that simplify decision-making processes, often used under conditions of uncertainty.

Consumer Decision-Making

The process by which consumers identify their needs, gather information, evaluate alternatives, and make purchases.