The ____ Refers to the Ability of an Owner in a Business

question 317

Multiple Choice

The ____ refers to the ability of an owner in a business venture to sell or pass that interest to others.

• A) immovability of ownership interests
• B) mobility of ownership interests
• C) removability of ownership interests
• D) redistributionability of ownership interests
• E) none of the other choices are correct

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Definitions:

Production

The process of creating, manufacturing, or crafting goods and services to be sold or used.

Net Operating Income

Income generated from normal business operations, excluding taxes and interest.

Relevant Costs

Costs that will be affected by a decision in the future and are pertinent to a specific business decision.

Alternative B

A second or other option in a set of choices, commonly referred to in decision-making scenarios or proposals.