A Partnership

question 38

Multiple Choice

A partnership:

• A) is a form of business ownership with a single owner who usually actively manages the company.
• B)is a form of business ownership in which the business is considered a legal entity that is separate and distinct from its owners.
• C)is a form of business ownership that offers both limited liability to its owners and flexible tax treatment.
• D)is a voluntary agreement under which two or more people act as co-owners of a business for profit.

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Definitions:

Systematic Desensitization

A therapeutic technique used to reduce phobias and anxiety through gradual exposure to the feared object or situation paired with relaxation exercises.

Eye-Movement Desensitization Reprocessing (EMDR)

A psychotherapy treatment designed to alleviate the distress associated with traumatic memories, involving attention to external stimuli while recalling traumatic events.

Controversial Therapy

Controversial therapy encompasses treatment methods in psychology and psychiatry that are disputed by some professionals regarding their efficacy or ethics.

Disturbing Memory

A recall of an event or information that causes emotional discomfort, stress, or trauma, often persistently affecting an individual's well-being.