Which Description Encompasses Trade Associations, Labor Unions, and Professional Associations?​

question 16

Multiple Choice

Which description encompasses trade associations, labor unions, and professional associations?​

• A) ​Issue interest groups
• B) Business interest groups
• C) ​Political action committees
• D) Public interest groups

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Definitions:

Liability

The condition of having legal accountability, especially regarding debts or legal duties.

Control

The power to direct the management and policies of a company or organization, often through ownership of a majority of shares.

Expansion

Expansion refers to the process of growing or enlarging the scale, scope, or reach of something, such as a business, territory, or concept.

Limited Partnership

A partnership formed by two or more persons having one or more general partners and one or more limited partners.