If Business Owners in a Partnership Wish to Limit Liability

question 14

Multiple Choice

If business owners in a partnership wish to limit liability, they have the option to ______.

• A) pledge funds
• B) divide into sole proprietorships
• C) set up a limited partnership
• D) withhold funds

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Definitions:

Multimedia Presentations

A combination of text, audio, images, animations, video, and other media types to inform or entertain an audience.

Hostile Business Takeover

An acquisition attempt by a company or individual without the consent or cooperation of the target company's management.

Guerilla Warfare

A form of irregular warfare that uses small, mobile groups of combatants to carry out hit-and-run attacks against larger, more conventional forces.

Analogy

A comparison between two things, typically for the purpose of explanation or clarification.