A(n)USB Is a Standard for Connecting All Kinds of Peripherals

question 34

True/False

A(n)USB is a standard for connecting all kinds of peripherals, such as printers, modems, and tape drives, and in many cases is replacing the use of traditional parallel and serial ports.

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Definitions:

Winding Up

The process of settling the accounts and liquidating the assets of a company for the purpose of distributing the proceeds to claimants and shutting down the company permanently.

Implied Authority

The power of an agent to perform acts that are reasonably necessary to accomplish the purpose of an agency, even if not explicitly authorized.

Dissolution

The process of formally closing or ending an entity, such as a business, partnership, or marriage, through legal means.

Wrongfully Dissociated

In the context of partnership law, this term refers to a partner being expelled or exiting a partnership in violation of the agreement or governing statutes.