Which of the Following Is a Characteristic of a Partnership

question 145

Multiple Choice

Which of the following is a characteristic of a partnership?

• A) Partnerships pay corporate income taxes.
• B) Partnerships are listed on a stock exchange.
• C) Partnerships are organized as corporations.
• D) Partners have co-ownership of the partnership's assets.

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Definitions:

Modeling

A learning process where individuals learn or adapt behaviors by observing others, also known as observational learning.

Reinforcement

Any event or stimulus that, when following a response, increases the probability that the response will occur again.

Token Economy

A system of behavior modification based on the systematic reinforcement of target behavior, where tokens that can be exchanged for various rewards are used as reinforcers.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response when the conditioned stimulus is repeatedly presented without the unconditioned stimulus.