Exotic Stuff Company and First Pier,Inc

question 37

Multiple Choice

Exotic Stuff Company and First Pier,Inc. ,form a business organiza?tion to engage in importing and exporting.Its property is held in the names of the members and its shareholders have personal liability.This business or?ganization is

• A)a business trust.
• B)a joint stock company.
• C)a joint venture.
• D)a syndicate.

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Definitions:

Continental Army

The primary military force of the American colonies during the American Revolutionary War, established in 1775.

State Support

Financial or policy assistance provided by government to individuals, organizations, or industries to encourage growth, stability, or development.

Necessary Supplies

Items or materials required for a particular purpose, essential for operations or survival.

Financing the War

The methods and strategies used by countries to fund military operations and war efforts, including taxation, borrowing, printing money, and selling war bonds.