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Which of These Is an Advantage of a Private Company

question 5

Multiple Choice

Which of these is an advantage of a private company compared to a partnership?
i.Perpetual life.
ii.Easier transfer of ownership.
iii.Mutual agency.
iv.Limited liability.


Definitions:

Intoxicated

A state of being under the influence of alcohol or drugs, leading to impaired judgment, motor skills, and cognitive functions.

Placebo Effect

A phenomenon where a patient experiences a perceived improvement in condition due to a belief in the efficacy of a treatment that has no therapeutic value.

Expectations

Beliefs or forecasts about future events based on past experiences, knowledge, or insights.

Participants

Individuals who take part in a particular process, study, or event.

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