Which of the Following Is a Type of Partnership,if Any,that

question 49

Multiple Choice

Which of the following is a type of partnership,if any,that does not specify the objective or duration of the partnership?

• A) A partnership at will
• B) A partnership at sufferance
• C) An indeterminate partnership
• D) A temporary partnership
• E) There is no such partnership because a partnership cannot exist unless either the objective or duration is stated.

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.

Covariance

A measure indicating the degree to which two random variables change together.

Variances

Statistical measures of the dispersion of data points in a dataset, indicating how far each data point in the set is from the mean.

Portfolio

A portfolio of investment vehicles, including equities, fixed income, raw materials, money, and money-like assets, along with mutual funds and ETFs.