An Element __________

question 32

Multiple Choice

An element __________

• A) can be separated into its components by physical methods.
• B) may have different chemical properties depending on its source.
• C) can not be separated into simpler substances by chemical methods.
• D) can also be a compound.
• E) exists only as atoms and not as molecules.

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Definitions:

Personally Liable

Being directly responsible for the payment of debts or the fulfillment of obligations from one's own assets.

Capital Contribution

The sum contributed by a business partner as a permanent investment in the business. It is then considered to be the property of the partnership.

Tenancy in Partnership

A form of co-ownership where partners in a business own property together, with rights and responsibilities defined by the partnership agreement.

Uniform Partnership Act (UPA)

The original partnership statute written by the National Conference of Commissioners on Uniform State Laws.