Blake, Madison and Sean Started Selling Computer Software on College

question 33

Multiple Choice

Blake, Madison and Sean started selling computer software on college campuses under the name Student Software Company. Each person contributed $1500 toward start-up costs and agreed on dividing costs and profits equally. The legal structure for the company can best be described as a

• A) proprietorship.
• B) partnership.
• C) trade alliance.
• D) corporation.
• E) None of these.

---

Definitions:

Palpitations

Unusually rapid, strong, or irregular pulsations of the heart.

Concussion

A traumatic brain injury caused by a blow to the head or body, leading to temporary loss of normal brain function.

Hematoma

A localized collection of blood outside of blood vessels, usually in liquid form within the tissue, resulting from injury or disease.

Hypovolemic Shock

A critical condition resulting from severe blood or fluid loss, leading to insufficient blood flow to organs.