As You Edit Your Summary

question 17

Multiple Choice

As you edit your summary,

• A) omit technical details and examples.
• B) cross out unnecessary prefaces to sentences.
• C) combine related ideas to show relationships.
• D) b and c only.
• E) a, b, and c.

---

Definitions:

Capital Contributed

The amount of money or assets that owners, partners, or shareholders have invested in a company or partnership.

Partnerships

A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed.

Voting Rights

Legal rights established to protect individuals' abilities to participate in the electoral process, ensuring their votes are cast and counted accurately.

Classes of Partners

This term refers to the different roles or types of partners within a partnership, such as general partners, who have unlimited liability, and limited partners, who have liability restricted to their investment.