Thomas Thinks That Organizing as a Partnership Would Be Best

question 3

Multiple Choice

Thomas thinks that organizing as a partnership would be best because

• A) it is the most complicated to form.
• B) they are a small company and do not need to be a corporation.
• C) it gives them limited liability.
• D) it would allow them to rely on their own financial resources and talents.
• E) they would have an easier time selling the business later.

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Definitions:

Short-Term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.

Echoic

Pertaining to auditory processing, specifically the memory system that retains auditory information.

Atkinson And Shiffrin

Atkinson and Shiffrin developed the multi-store model of memory, which proposes that memory consists of three stores: a sensory register, short-term memory, and long-term memory.

Sensory Memory

The shortest-term element of memory that provides the ability to retain impressions of sensory information after the original stimuli have ended.