Transworld Import Company and USA Export,Inc

question 23

Multiple Choice

Transworld Import Company and USA Export,Inc.,form a business organization to engage in importing and exporting.Its property is held in the names of the members and its shareholders have personal liability.This organization is

• A)a business trust.
• B)a joint stock company.
• C)a joint venture.
• D)a syndicate.

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Definitions:

Union Density Rate

The percentage of workers in a specific area or industry that are members of labor unions.

Voluntarism

The principle or system in which voluntariness is the basis for actions and decisions in an economic or other social system.

Government Policies

Actions or strategies formulated by a government to tackle economic, social, or political issues affecting the country.

Employer Demands

Specific conditions or changes employers seek from employees or unions during negotiations or bargaining processes.