Three Main Types of Relationships Can Exist Between Entities: a One-To-One

question 61

True/False

Three main types of relationships can exist between entities: a one-to-one relationship,abbreviated 1:1;a one-to-many relationship,abbreviated 1:M;and a many-to-many relationship,abbreviated M:N.

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Definitions:

Staff Attorney

An attorney hired by a law firm as an employee. A staff attorney has no ownership rights in the firm and will not be invited to become a partner in the firm.

Law Clerk

An individual, usually an attorney or law school graduate, who assists a judge with researching legal opinions and drafting legal documents.

Sole Proprietorship

A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.

Partnership

A lawful business structure that involves two or more people co-managing and sharing the earnings.