Caroline Makes a List of All the Steps Needed to Complete

question 80

Multiple Choice

Caroline makes a list of all the steps needed to complete the term paper, before she begins it. Caroline is using which type of heuristic?

• A) working backward
• B) working forward
• C) means-ends analysis
• D) generate and test

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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.