Which Statement Best Describes Intuition

question 110

Multiple Choice

Which statement best describes intuition?

• A) It alone should be used in decision making.
• B) It represents a minor factor in decision making integrated with analysis.
• C) It should be coupled with analysis in decision making.
• D) It is better than analysis in decision making.
• E) It is management by ignorance.

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Definitions:

Limited Partners

Individuals in a partnership who invest money but do not have management responsibilities and whose liability is limited to the amount of their investment.

Foreign Limited Partnership

A partnership entity in which some owners have limited liability and limited involvement in management, recognized under the jurisdiction other than where it operates.

Internal Affairs

A legal doctrine which says that a corporation's internal activities should generally be governed by the laws of the state in which it is incorporated.

Limited Partners

Investors in a partnership who have limited liability to the extent of their investment but do not participate in management.