Examlex

Solved

Which of the Following Is Mismatched

question 19

Multiple Choice

Which of the following is mismatched?


Definitions:

Association

A group of people organized for a joint purpose or to carry out a common goal.

Co-owners

Individuals or entities that jointly own a property or business, sharing rights, responsibilities, and profits.

Liquidation

The process of converting assets into cash or other forms of payment to settle debts or obligations of a business.

Partnership

A formal business structure where multiple individuals are involved in managing the enterprise and also share the profits.

Related Questions