Will and Bill Both Enjoy Sunshine,water,and Surfboards

question 18

Multiple Choice

Will and Bill both enjoy sunshine,water,and surfboards.Thus,the two friends decided to create a business together in Sydney renting surfboards,paddle boats,and inflatable devices.Will and Bill will equally share in the decision making and in the profits or losses.Which type of business did they create if they both have full personal liability for the firm's debts?

• A)sole proprietorship
• B)limited partnership
• C)corporation
• D)joint stock company
• E)general partnership

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Definitions:

Spinoreticular Tract

A neural pathway in the spinal cord involved in the processing of pain and certain reflexes.

Premotor Area

The premotor area is a region of the frontal lobe in the brain involved in planning and selecting movements before they are initiated.

Jump

An action that involves propelling the body off the ground using the legs, a fundamental movement in many sports and activities requiring strength and coordination.

Visual Cortex

The region of the brain that processes visual information, located in the occipital lobe.