Which of the Following Is True of a Written Partnership

question 143

Multiple Choice

Which of the following is true of a written partnership agreement?

• A)It is an agreement in which the partners hold a direct agreement with the registration body,and the registration body acts as an interlocutor between the partners.
• B)It is an informal agreement between the partners and is not legally binding.
• C)It is a legally-binding agreement between the owners which explains the procedures for liquidating the partnership.
• D)It is a legally-binding agreement between the proprietors and the stock exchange where it is listed regarding the profit sharing between the owners.

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Definitions:

Work Stress

The adverse reaction people have to excessive pressures or other types of demand placed on them at their jobs, which can lead to both physical and psychological health issues.

Stress Consequences

The effects or outcomes resulting from chronic stress, including both physical and psychological health issues.

Safer Work Environment

Conditions in a workplace designed or modified to prevent harm, accidents, or health hazards to employees.

Organization Precautions

Measures and protocols adopted by organizations to minimize risks related to safety, security, and operational integrity.