Liam and Jimmy Are on the Soccer Team Together

question 9

Multiple Choice

Liam and Jimmy are on the soccer team together. They are friends but really don't hang out that much. Liam makes sure that his grades are the best they can be while Jimmy doesn't really care about his grades. The other students have put Liam and Jimmy in the same crowd at school. Liam and Jimmy would most likely be put into the ______.

• A) jocks
• B) elites
• C) brains
• D) partiers

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Definitions:

Partnership

An authorized business setup in which a group of individuals jointly manage the operation and distribution of profits.

Profit Share

A portion of a company's profits allocated to its employees, shareholders, or partners, often as an incentive or reward.

Capital Balances

Capital balances represent the amount of capital a business or individual has invested or retained in a company, often reflecting ownership equity.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from total revenue.