If You Are Asked a Question to Which You Don't

question 80

Multiple Choice

If you are asked a question to which you don't know the answer,the proper response should be:

• A)"I'm afraid I will not be able to answer your queries."
• B)"Shall we keep the questions toward the end of the session?"
• C)"I don't know the answer but I will research it and get back to you"
• D)"This seems to digress from the topic in discussion."
• E)"Questioners should ensure that they benefit the entire audience."

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Definitions:

Ease of Formation

Refers to the simplicity and low barriers to legally establishing and starting a new business entity.

Governmental Regulations

Rules established by government bodies intended to control and govern the conduct of businesses and individuals to ensure compliance with policies and standards.

Partnership Assets

Partnership assets include all the resources owned by a partnership, ranging from cash, property, and equipment to intangible assets, used in the operation of the partnership.

Capital Contributions

Funds or assets provided by owners or shareholders to a company for the purpose of growing the business or covering operational expenses.