Which of the Following Is True in the Creation of a General

question 97

Multiple Choice

Which of the following is true in the creation of a general partnership?

• A)The business name must include the names of all partners.
• B)The business name cannot be a fictitious name.
• C)The name selected by the partnership cannot indicate that it is a corporation.
• D)The business cannot operate under a trade name.

---

Definitions:

Parent Country

The country in which the headquarters of a multinational company is located.

Collectivist Nature

The tendency of cultures or organizations to prioritize the group over individual achievements or desires.

Decision-Making Processes

The series of steps or stages involved in selecting a course of action from among multiple alternatives, typically involving problem identification, analysis, and choosing an option.

Effective Management

The ability of leaders and managers to achieve organizational goals efficiently and effectively through planning, organizing, leading, and controlling resources.