When a New Partner Is Added to a Partnership

question 18

Multiple Choice

When a new partner is added to a partnership:

• A) The partnership ends.
• B) The underlying business ends.
• C) The partnership continues.
• D) The partnership ends, but the underlying business continues.
• E) The underlying business continues.

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Definitions:

Traditional Recruitment

The process of filling job vacancies through conventional methods such as advertising in newspapers, job fairs, or using employment agencies.

Realistic Job Previews

A tactic used by organizations to provide prospective employees with a true representation of what working in a particular role or company is like, including both positive and negative aspects.

Selection Decisions

The process of choosing from a group of candidates the individual or individuals most likely to succeed in a job.

Prospective Manager

An individual who is being considered or trained for a managerial position within an organization.