Multiple Choice
With respect to combined business skills and knowledge, which of the following partnerships is best?
A) Joe, Louis, and Raul own a bakery. They are able bakers by trade. Each wants to spend all of his time baking items.
B) Carolyn, Melvin, and Cindy own a boutique. Carolyn has marketing expertise. Melvin has ten years' experience operating a successful small store, including hiring employees, handling inventory control, buying, and managing credit. Cindy is a CPA. Each has agreed to use his or her experience and expertise for the success of the business.
C) Mary and Robert, both young pharmacists, own a pharmacy. Neither has taken a business course, but they are willing to learn.
D) Carter and Renée own a video store. Renée is most experienced as a homemaker and mother. Carter has worked as an auto mechanic for ten years.
E) Vince and Linda own a vacuum cleaner store. Vince knows everything possible about store operations. Linda is wealthy and can provide investment capital.
Correct Answer:

Verified
Correct Answer:
Verified
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