As She Considered Becoming a Partner in a New Business

question 106

Multiple Choice

As she considered becoming a partner in a new business venture, Valerie asked her potential partner about a(n) _____ in the event that the partnership did not work out as expected.

• A) liquidation plan
• B) equity split
• C) exit strategy
• D) asset distribution plan

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Definitions:

CORE

The Congress of Racial Equality, a civil rights organization in the United States that played a pivotal role in the fight against segregation and discrimination.

SNCC

Abbreviation for the Student Nonviolent Coordinating Committee, a key organization in the American civil rights movement of the 1960s.

Nonviolent Resistance

A method of protest and political activism that rejects the use of physical violence to achieve social or political change.

African-American Freedom

The state or condition of being free from slavery, oppression, or discrimination for people of African descent in America.