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:

Cooperative

An organization owned and operated by a group of individuals for their mutual benefit, often involving shared costs, labor, and benefits.

Medium Selection

The process of choosing the most appropriate communication channels or platforms for advertising or promoting a product, service, or message to the target audience.

Alternative Media

Non-traditional media channels used for advertising and marketing, which can include digital platforms, guerrilla marketing, and other innovative methods.

Purchase Frequency

The rate at which a customer buys a product or service over a specific period of time.