A Partnership Cannot Employ Employees but Must Carry on Its

question 26

True/False

A partnership cannot employ employees but must carry on its business through the partners.

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Definitions:

World Trade Organization

An international organization designed to supervise and liberalize world trade, by providing a forum for negotiating trade agreements and a dispute resolution process.

Agricultural Products

Goods derived from the cultivation of land and the raising of crops and livestock.

Dumping

The practice whereby a company exports a product at a price lower than the price it normally charges in its own home market, often considered as unfair competition.

Exports

Trade goods or services exported from one country to another for commercial exchange or sale.