Which of the Following Is Generally Not True of a Business

question 48

Multiple Choice

Which of the following is generally not true of a business alliance?

• A) Tax considerations are often the primary motivation for forming the alliance
• B) The events triggering dissolution of the alliance are generally spelled out
• C) Remaining partners have a right of first refusal if one partner chooses to exit the partnership
• D) One partner is generally responsible for day-to-day operations
• E) Allocation of profits and losses follow from the allocation of shares or partnership interests

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Definitions:

Pooled-variances T-test

A statistical method for comparing the means of two populations when it is assumed that both populations have equal variances.

Population Variances

A measure of the spread of a population's values, indicating how much the members of the population differ from the population mean.

Population Means

The average value of a set of characteristics within a total population.

Sample Means

Refers to the average values computed from multiple samples from a population, usually to estimate the population mean.