Which of the Following Statements About Partnerships Is False

question 81

Multiple Choice

Which of the following statements about partnerships is false?

• A) A partnership is a legal entity that may enter into valid contracts.
• B) Partnerships are unincorporated entities.
• C) Only individuals may be partners in a partnership.
• D) Partnerships are sometimes referred to as passthrough entities since they do not pay federal income tax.

Identify effective strategies for mitigating unethical practices by foreign suppliers.

Analyze ethical business decisions through various ethical philosophies.

Apply the principles of utilitarian ethics in business decisions.

Understand the role of cost-benefit analysis in utilitarianism and ethical decision-making.

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Definitions:

Shoot System

Aboveground portion of a plant consisting of the stem, leaves, and flowers.

Xylem

Vascular tissue in plants that transports water and dissolved minerals from the roots to the rest of the plant.

Ancient Trees

Very old trees, often centuries or millennia in age, which can provide historical and environmental insights.

Crown

In dentistry, an artificial cover for a damaged or decayed tooth; in botany, the upper part of a tree, including branches and leaves.