A ________ Is a Business with Two or More Owners

question 58

Multiple Choice

A ________ is a business with two or more owners who share in the operation of the firm and are financially responsible for its debts.

• A) corporation
• B) general partnership
• C) cooperative
• D) limited partnership

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Definitions:

Secondary Reinforcement

A process in conditioning where a stimulus reinforces a behavior after it has been associated with a primary reinforcer.

Variable Ratio Schedule

A reinforcement schedule used in conditioning where a response is reinforced after an unpredictable number of responses, leading to high and steady response rates.

Fixed Ratio Schedule

A type of reinforcement schedule in behavioral psychology where a response is reinforced only after a specified number of responses.

Variable Interval Schedule

A reward system where a response is given a reward after a random duration of time.