If a Business Owner Needs Money for Expansion,but Does Not

question 79

Multiple Choice

If a business owner needs money for expansion,but does not want to give up sole control over the business,what type of partnership would be best?

• A) General partnership
• B) Limited partnership
• C) Active partnership
• D) Master limited partnership
• E) Cooperatives

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Definitions:

American Workers

Individuals in the United States actively engaged in the labor market, either employed or seeking employment.

American Federation

A large organization, often used in the context of labor unions, that consists of smaller groups or unions within a specific country, such as the American Federation of Labor.

Labor

The human effort, including physical and mental capabilities, used to produce goods or services.

CIO

The Congress of Industrial Organizations, a federation of unions that organized workers in industrial unions in the United States and Canada from 1935 to 1955.