In a General Partnership,________

question 38

Multiple Choice

In a general partnership,________.

• A) all partners have joint authority to make decisions
• B) all partners have limited liability
• C) the number of partners is limited to five
• D) units of ownership are sold to the general public
• E) risk is limited to the amount invested in a partnership

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Definitions:

Voltage Drop

The decrease in voltage along a conductor or component while it conducts electric current.

Applied Voltage

The electrical potential difference purposely introduced across a device or component, driving the current through it.

Resistance

An electrical quantity that measures how the device or material reduces the electric current flow through it, measured in Ohms (Ω).

Voltage Across

The electrical potential difference between two points in a circuit, driving the flow of current between those points.