Multiple Choice
Articles of partnership are required by many states for businesses that have two or more co-owners.The issues covered usually include all of the following except
A) a statement of what each partner contributes.
B) how the profits and losses will be divided.
C) what duties the partners will have.
D) provisions for leaving the partnership.
E) classes of stock to be issued.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: When a company offers to buy some
Q32: Lack of control is a disadvantage of
Q33: What is a vertical merger and why
Q34: Sole proprietorships have the least degree of
Q35: Which characteristic of a sole proprietorship can
Q37: According to the Internal Revenue Service,<br>A) profitable
Q38: The group of individuals elected by the
Q39: What is a limited liability company (LLC),and
Q40: When discussing corporations,what is a white knight?<br>A)
Q41: Define the partnership form of business organization.What