Lorraine Knows That Automobiles Add to Air Pollution, and She

question 340

Multiple Choice

Lorraine knows that automobiles add to air pollution, and she hates the smog.However, she enjoys the convenience of driving alone to work rather than carpooling or taking the bus.Her attitude did not lead to action most likely because of

• A) the lack of a long-standing habit.
• B) conviction.
• C) the lack of evaluation of others.
• D) the immediate consequences.

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Definitions:

Partnership Debts

Liabilities that are owed by a partnership, which are the joint responsibility of the partnership's members.

Mutual Agency

A legal principle in partnerships where each partner has the authority to act on behalf of, and bind, the partnership in contractual agreements.

Unlimited Liability

Partners may be personally liable for debts of the partnership.

Limited Risk

Financial exposure that is knowingly restricted or minimized in investments or business operations.