All of the Following Rules About Forming Possessives Are True

question 10

Multiple Choice

All of the following rules about forming possessives are true except

• A) Form possessives of singular nouns by adding an apostrophe and an s.
• B) Form the possessive of singular nouns of one syllable ending in s by adding an apostrophe and an s.
• C) Form the possessive of plural nouns not ending in s by adding just an apostrophe.
• D) Form the possessive of plural nouns ending in s by adding just an apostrophe.

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Definitions:

Partnership Dissolution

The process of terminating the legal and formal relationships between all partners in a partnership, leading to the cessation of business operations under the partnership structure.

Capital Deficiency

A situation where a company's liabilities exceed its assets, indicating that it does not have enough capital to meet its financial obligations.

Credit Balances

Represent amounts owed to creditors or customers, typically seen in liability, equity, and revenue accounts.

Income Sharing

An arrangement where income is distributed among participants or stakeholders based on predetermined criteria, often found in partnerships, cooperatives, and certain employment agreements.