What Are the Two Major Categories of Computer Software

question 11

Multiple Choice

What are the two major categories of computer software?

• A) applications software and support software
• B) applications software and database management software
• C) word-processing software and spreadsheet software
• D) word-processing software and database management software

Understand the concepts and types of agency relationships.

Recognize the legal implications of an agency relationship and authority types.

Distinguish between employees and agents, and identify the extent of their roles.

Comprehend the duties and rights of agents and principals towards each other.

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Definitions:

Partnership Act

A legal framework governing the rights, duties, and liabilities of partners in a business partnership.

Federal Government

A system of government where powers are divided between a central government and several regional governments.

Provincial Partnership Acts

Statutes enacted by provincial governments in Canada that govern the formation, operation, and dissolution of partnerships.

Unlimited Liability

A legal structure where business owners are personally responsible for all of the business's debts, without limitation to their personal assets.