In a Joint Venture, the Parties: ______

question 20

Multiple Choice

In a joint venture, the parties: ______.

• A) combine their labor or property for a single undertaking and share profits and losses equally.
• B) combine their labor or property for a continuing business and share profits and losses equally.
• C) assume no personal liability beyond the risk of losing their initial investment.
• D) have unlimited personal liability for debts of the venture.

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Definitions:

NASW Code

The National Association of Social Workers Code of Ethics is a set of guidelines for professional conduct and decision-making in the field of social work.

Oppression

The exercise of authority or power in a burdensome, cruel, or unjust manner over others.

Impairment

A reduction in function or ability, which can be physical, cognitive, or emotional, potentially impacting an individual’s daily activities.

Unethical Conduct

Behavior that goes against moral principles and accepted professional standards.