Which of the Following Is the Proper Definition of a Partnership

question 56

Multiple Choice

Which of the following is the proper definition of a partnership as set out in the Partnership Act?

• A) Partnership exists where two or more persons carry on business together with a view towards profits.
• B) A partnership exists where any business is carried on with a view towards profits.
• C) A partnership is created where a corporation with shareholders is registered with the federal government.
• D) A partnership is only created where the partners actually share the profits from a business.
• E) A partnership exists only where two or more people enter into a written agreement to be partners.

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Definitions:

Sexual Deviance

Behaviors or desires that deviate from societal norms or expectations regarding sexuality.

Socially Desirable Responding

The tendency of respondents to answer questions in a manner that will be viewed favorably by others, potentially skewing survey or research results.

Deception

The act of misleading or deceiving someone, often used in psychological research to maintain experimental integrity.

Extraneous Variable

Any variable that is not intentionally studied within an experiment which could affect the outcome and thus confound the results.