Which of the Following Statements with Respect to Partnership Is

question 6

Multiple Choice

Which of the following statements with respect to partnership is TRUE?

• A)Partnership involves two or more persons carrying on business with a view towards profits.
• B)Partnership involves limited liability
• C)Partnerships are only created when two or more persons specifically agree to be in partnership
• D)Partnerships are only created when they have been properly registered with the government
• E)Partnerships are like any form of contract: they can only be created when there is consensus between the parties in the form of offer and acceptance to that effect.

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Definitions:

Parental Conflict

Disagreements and disputes between parents, often impacting family dynamics and child development.

Behavioral Theory

A theory suggesting that behavior is learned from the environment through conditioning.

Psychodynamic Theory

A theory in psychology that emphasizes the role of unconscious processes and childhood experiences in shaping personality and behavior.

Antisocial Personality Disorder

A psychological condition marked by a persistent tendency to ignore or infringe upon the rights of other individuals.