Loren, Marie, and Nina Form a Syndicate to Buy a Professional

question 54

Multiple Choice

Loren, Marie, and Nina form a syndicate to buy a professional soccer franchise. This syndicate could be set up as

• A)a joint venture.
• B)a corporation.
• C)a sole proprietorship.
• D)a limited liability company.

---

Definitions:

Productivity Standards

Benchmarks or criteria set by organizations to measure the efficiency and performance of their operations and employees.

Perceptual Tendencies

The patterns or biases that influence how individuals perceive information and stimuli from their environment.

Fundamental Attribution Error

The inclination to place undue emphasis on individual traits while disregarding the effect of the context on people's actions when assessing their behavior.

Lack of Concentration

The difficulty in focusing one's attention on a specific task, leading to decreased productivity and increased errors.