Which of the Following Is a Reason to Use a Partnership

question 33

Multiple Choice

Which of the following is a reason to use a partnership as the legal form of a business?

• A)Partnerships avoid the issue of mutual agency.
• B)Partnerships avoid the issue of unlimited liability.
• C)Partnerships avoid the issue of double-taxation faced by corporations.
• D)Partnerships avoid the difficulty of raising capital.

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Definitions:

Conditioned Response

A learned reaction to a previously neutral stimulus, obtained through repeated association with an unconditioned stimulus.

Biologically Primed

The concept that certain behaviors or responses are innately predisposed due to evolutionary history.

Acquired Fears

Fears that are developed after birth as a result of personal experiences or learning, rather than being innate.

Behavior Modification

A therapeutic approach that seeks to change undesirable behaviors through the use of reinforcement and punishment.