Which of the Following Businesses Is Most Likely to Be

question 72

Multiple Choice

Which of the following businesses is most likely to be organized as an LLP?

• A) a bookstore run by two partners
• B) an international retail chain
• C) an accounting firm run by two partners
• D) a stationery store owned by an individual

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Definitions:

Flexibility

The ability to adapt to changes, challenges, or new requirements in an environment or strategy, often seen as a critical component in the success and resilience of organizations and individuals.

Adaptability

The ability of an individual or organization to adjust or change in response to new circumstances.

Profitability

The state or condition of yielding a financial gain or return on investment.

Survival

The ability of an organism, entity, or business to continue to live or exist, especially under difficult or threatening conditions.