Which of the Following Is Not a Cause for the Number

question 69

Multiple Choice

Which of the following is not a cause for the number of partnerships to be relatively small?

• A)Unlimited liability
• B)Mutual agency (each partner can act for other partners)
• C)Double taxation
• D)Difficulty of formation

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Definitions:

Openness to New Experiences

A personality trait characterized by an individual's willingness to try new activities and be open to new ideas.

Social-Cognitive Perspective

A theoretical framework emphasizing the role of cognitive processes in understanding social behavior and how people process, store, and apply information about others and situations.

Conditioning

A method of altering behavior in which an individual learns to react appropriately to a formerly neutral trigger, now paired numerous times with a naturally occurring stimulus that provokes the intended response.

Imitating

The act of copying or mimicking the behaviors, actions, or characteristics of another individual.