The Three Most Common Types of Structures Used by Businesses

question 43

Multiple Choice

The three most common types of structures used by businesses in Australia are:

• A)partnership, limited company, association.
• B)sole proprietor, partnership, limited company.
• C)partnership, private company, trust.
• D)sole proprietor, limited company, co-operative.

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Definitions:

Applied Voltage

The voltage that is applied across a component or circuit from an external source, driving current through it.

Parallel Resonant Circuits

Circuits where components are connected in parallel, bringing the circuit to resonance at a specific frequency where the inductive and capacitive reactances are equal in magnitude but opposite in phase.

Q

In electrical and electronic engineering, Q or quality factor refers to the measure of the efficiency of a reactive component, such as an inductor or capacitor, representing the ratio of stored vs. dissipated energy per cycle.

Voltage

The difference in electric potential between two points in a circuit, measured in volts.