Which of the Following Is Not a Type of Business

question 4

Multiple Choice

Which of the following is not a type of business?

• A) Sole partnership
• B) Partnership
• C) Limited partnership
• D) Corporation

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Definitions:

Useful Life

The period over which an asset is expected to be usable by a company for the purpose of its operations.

Automatic Insertion Machine

Equipment used in manufacturing to automatically place components onto printed circuit boards or other assemblies with precision and speed.

Internal Rate Of Return

A financial metric used to estimate the profitability of potential investments, calculated as the rate that makes the net present value of all cash flows equal to zero.

Present Value

Today's value of a sum of money or sequence of cash inflows expected in the future, discounted by a certain rate of return.