Which of the Following Characteristic Is Required in a Public-Private

question 7

Multiple Choice

Which of the following characteristic is required in a Public-Private Partnership?

• A) be publicly accessible
• B) engaged
• C) sustainable
• D) All of the above

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Definitions:

Officers

Individuals appointed by a company's board of directors who are responsible for the day-to-day operations of the company.

Distributorship

A type of franchise in which the franchisor manufactures a product and licenses a dealer to sell the product in an exclusive territory.

Franchise

A business arrangement between an owner of a trade name or trademark and a person who sells goods or services under the trade name or trademark.

Limited Partnership

A partnership consisting of at least one general partner, who manages the business and is liable for its debts, and one or more limited partners, who contribute capital and share in profits but have limited liability.