Darren Is a Partner in a Small Business

question 32

Multiple Choice

Darren is a partner in a small business.In order to protect the business should he die or divorce,what can he draw up to exclude the business from marital property?

• A)a partnership contract
• B)a cohabitation agreement
• C)a marriage contract
• D)an exclusionary statement

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Definitions:

Vacation

A period of time spent away from home or business in travel or recreation.

Psychological Disorder

A condition characterized by abnormal thoughts, feelings, or behaviors, profoundly impacting an individual's daily functioning and quality of life.

External Stimulus

Any factor, happening outside of an organism, that can elicit or influence a physical or behavioral response.

Physical Responses

Bodily reactions to stimuli, including stress, excitement, or environmental changes.