While Partnerships and Joint Ventures Have Some Similarities, They Have

question 6

Multiple Choice

While partnerships and joint ventures have some similarities, they have significant differences. Which of the following is TRUE with regard to partnerships and joint ventures?

• A) Joint ventures and partnerships are separate taxable entities.
• B) All members of a joint venture are subject to the same CCA decision in a given tax year, while partners in a partnership may each decide their own amount of CCA to be deducted.
• C)The proportionate allocation of the small business applicable to corporate partners does not apply to corporate joint venture members.
• D) Joint ventures have less flexibility than partnerships with regard to their tax decisions.

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Definitions:

Positive Reinforcer

A positive reinforcer is any stimulus that, when introduced after a behavior, increases the frequency or likelihood of that behavior occurring again.

Negative Reinforcer

In behaviorism, an unpleasant stimulus that, when removed following a behavior, increases the likelihood of that behavior being repeated.

Primary Reinforcer

Something that is naturally rewarding because it fulfills a basic biological need or desire.

Continuous Reinforcement

A learning schedule in which every correct response is followed by a reward, facilitating rapid acquisition of a new behavior.