Evaluate the Sum

question 62

Multiple Choice

Evaluate the sum. Use the summation properties from Section 8.1.

• A) 112
• B) 110
• C) 108
• D) 106

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Definitions:

Incorporation

Establishing a business entity as a corporation, which holds legal identity separate from its shareholders, enabling it to own property, sue, or be sued.

Advantages

Advantages refer to the beneficial factors or positive outcomes resulting from a specific action, decision, or situation.

Franchising

Arrangements based on contracts of service and the supply of products between larger and smaller units of one organization.

Personal Guarantee

A legal commitment by an individual to assume responsibility for another's debt or obligations if that party fails to fulfill them.