Multiple Choice
A partner is an individual who cannot take an active role in management, but is known to be a partner by the general public.
A) Dormant
B) Secret
C) Silent
D) Nominal
Correct Answer:
Verified
Correct Answer:
Verified
Q7: A relatively new type of business organization
Q8: What is a "silent" partner?
Q9: The legal document that is filed with
Q10: Advantage(s) of a proprietorship form of organization
Q11: -------------------------------stock usually carries the privilege of voting
Q13: A -------------------------------partner permits individuals to contribute money
Q14: A disadvantage of a partnership is<br>A) Unlimited
Q15: ------------------------------- allow cooperatives to distribute net returns
Q16: What functions do boards of directors provide
Q17: A disadvantage of forming a corporation is