Stella,Bob,and Chris Are Partners in Sole Services,a General Partnership That

question 28

Multiple Choice

Stella,Bob,and Chris are partners in Sole Services,a general partnership that runs a small shoe store.Stella and Bob want to buy the building that they are currently renting,but Chris does not agree.How will this disagreement be resolved?

• A) Sole Services will buy the building because this management decision can be made by a majority vote of the partners.
• B) Sole Services will buy the building because one partner can never stand in the way of the will of the majority of partners.
• C) Sole Services will not buy the building because this decision requires a unanimous vote of the partners.
• D) Sole Services will not buy the building because all partnership management decisions require a unanimous vote of the partners.

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Definitions:

Nontraditional Student

A term typically used to describe students who do not follow the direct pathway from high school to college, often older than traditional students.

Time Management

The practice of organizing and planning how to divide your time between different activities effectively.

On-The-Job Knowledge

Practical understanding and skills acquired through direct experience in a working environment.

Critical Thinking

Conducting a focused investigation and analysis of a subject to establish a conclusive viewpoint.