An Individual Who Is Not a Partner but Is Held

question 16

Multiple Choice

An individual who is not a partner but is held out as a partner is a partner.

• A)limited
• B)secret
• C)nominal
• D)dormant

Identify and describe various types of digital communication tools including podcasts, microblogs, and blogs.

Recognize the role and impact of media-rich tools like podcasts in communication.

Understand the significance of audience, distribution, and content sustainability in podcasting.

Recognize the function of microblogs in enhancing communication during meetings and presentations.

---

Definitions:

Behavioral Economists

Economists who study the effects of psychological, social, cognitive, and emotional factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.

System 2

A concept from cognitive psychology that refers to the deliberate, analytical, and slow way of thinking, as opposed to quick, instinctual decisions.

Endowment Effect

The tendency for people to value something more highly simply because they own it.

Behavioral Economics

A field of economics that studies how psychological, social, cognitive, and emotional factors affect the economic decisions of individuals and institutions and the consequences for market prices, returns, and resource allocation.