Which of the Following Is True of Express Partnerships

question 37

Multiple Choice

Which of the following is true of express partnerships?

• A) They must be created in writing.
• B) They are limited to a direct association of human beings.
• C) The name must be registered if it is fictitious.
• D) They are created unintentionally.
• E) A partnership agreement is necessary for creation.

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Definitions:

Unwarranted Assumption

A belief taken for granted without sufficient evidence or basis, leading to potential misunderstandings or erroneous conclusions.

Deductive Reasoning

A logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be true.

Creative Problem-Solving

An approach to finding innovative solutions to complex problems through creativity and non-standard strategies.

Persistence

The quality of continuing steadily despite problems or difficulties.