Which Statement Is True

question 37

Multiple Choice

Which statement is true?

• A) Sharks have a skeleton made of bone, while ray-finned fishes have flexible skeletons made of cartilage.
• B) Ray-finned fishes have a skeleton made of bone, while sharks have flexible skeletons made of cartilage.
• C) Sharks have a series of rod-shaped bones in their muscular pectoral and pelvic fins, while lobe-fins have flexible skeletons made of cartilage.

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Definitions:

Assign Partnership Interest

The transfer of a partner's ownership interest in a partnership to another party, subject to the terms of the partnership agreement.

Ceases to Be a Partner

Occurs when an individual no longer holds the status of a partner in a partnership, possibly due to withdrawal, expulsion, or agreement termination.

General Partner

A type of owner in a partnership who is responsible for the operations of the company and is liable for its debts.

Statutory Provisions

Laws or regulations enacted by a legislative body that must be followed by individuals and entities subject to its jurisdiction.