Blake, Madison and Sean Started Selling Computer Software on College

question 33

Multiple Choice

Blake, Madison and Sean started selling computer software on college campuses under the name Student Software Company. Each person contributed $1500 toward start-up costs and agreed on dividing costs and profits equally. The legal structure for the company can best be described as a

• A) proprietorship.
• B) partnership.
• C) trade alliance.
• D) corporation.
• E) None of these.

---

Definitions:

Frozen Dessert Line

A category of cold, sweet products including ice cream, frozen yogurt, and sorbet, often part of a company's product offerings.

Ethnic Desserts

Traditional sweets and treats that originate from a specific culture or ethnicity, offering a taste of cultural heritage.

Target Markets

Groups of customers within the broader marketplace that a business has decided to aim its marketing strategies and merchandise towards.

Product Groupings

The organization or categorization of products into groups or categories based on similarities, purpose, or type, often seen in retail or online stores.