Which of the Following Statements Best Describes a Partnership

question 206

Multiple Choice

Which of the following statements best describes a partnership?

• A) Partnership involves two or more persons carrying on business with a view towards profits.
• B) Partnerships involve limited liability.
• C) Partnerships are created when two or more persons specifically agree to be in partnership.
• D) Partnerships are created only when they have been properly registered with the government.
• E) Partnerships are like any other form of contract; they can be created only when there is consensus between the parties in the form of offer and acceptance to that effect.

Understand the role of random assignment and experimental control in establishing causal relationships.

Identify the consequences of failing to control extraneous variables in experimental research.

Appreciate the importance of controlling for participant characteristics in experimental designs.

Recognize the significance of pretest-posttest designs in measuring the effect of interventions.

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Definitions:

Concrete

Pertaining to actual things or instances, rather than abstract qualities, ideas, or theories.

Visible Object

An entity or item that can be seen or perceived visually by the human eye.

Touchable Object

An object that can be perceived or interacted with through the sense of touch.

Abstractness

A quality of being non-concrete or theoretical, representing ideas or concepts rather than physical realities.