A Relationship Instance Is an Association Between Entity Instances Where

question 87

True/False

A relationship instance is an association between entity instances where each relationship instance includes exactly one entity from each participating entity type.

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Definitions:

General Partnership

A business arrangement where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Limited Liability Partnership

A business entity where partners have limited liabilities, protecting their personal assets from business debts.

Conduct Business

The act of engaging in activities or operations that relate to the buying, selling, or providing of goods or services.

Sole Proprietor

is a business owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.