Overseas Shipping Corporation and Port Storage Company Transfer Their Assets

question 4

Multiple Choice

Overseas Shipping Corporation and Port Storage Company transfer their assets to Quality Operations, Inc., which manages the assets and distributes the profits to the beneficiaries. This form of business organization is

• A)a business trust.
• B)a joint stock company.
• C)a joint venture.
• D)a syndicate.

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Definitions:

Impenetrable

Impossible to pass through or enter, often used to describe dense materials or abstract concepts like complex theories.

Radiation

The emission of energy as electromagnetic waves or as moving subatomic particles, especially high-energy particles that cause ionization.

Mammogram

An X-ray examination of the breast used to detect and diagnose breast diseases, especially breast cancer, in women.

Analgesic

A type of medication that reduces or eliminates pain without causing loss of consciousness.