Examlex
An instructor has decided to graphically represent the grades on a test. The instructor uses a plus/minus grading system (i.e. she gives grades of A-, B+, etc.) . Which of the following would provide the most information for the students?
Transferable Interest
The portion of a member's ownership in an LLC or partnership that can be transferred or sold.
Partnership Account
A financial account held in the name of a partnership for the purpose of managing the partnership's funds.
Partnership
A business entity created when two or more persons collaborate to operate a business and share its profits, losses, and responsibilities.
Transferable Interest
An ownership interest in an entity that can be transferred or sold to another party, subject to any restrictions in the entity's governing documents.
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