A Separation Between Ownership and Management Is Most Likely to Occur

question 87

Multiple Choice

A separation between ownership and management is most likely to occur in a

• A) sole proprietorship.
• B) general partnership.
• C) corporation.
• D) limited liability partnership.

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Definitions:

Pending Offer

An offer that has been made but not yet accepted, awaiting a decision or certain conditions to be met.

Job Offer

A formal proposal by an employer to a candidate to take up a position of employment.

Delay

The act of postponing or slowing down a process, event, or action, resulting in a later occurrence than was originally planned or expected.

Demand Decision

Demand decision involves making strategic choices regarding the demand for products or services to optimize production, sales, and inventory management.