In which of the following forms of business partnerships are both general and limited partners not personally liable for debts?
A) sole proprietorship
B) general partnership
C) master limited partnership
D) limited liability limited partnership
D
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Coaching-being trained by a superior or a consultant-is usually the most effective and direct way to develop managers.
Answer the following statement true (T) or false (F)
Suppose that you work for an advertising agency and are brought into a meeting where everyone is asked to generate ideas for names for a new beach resort. You are engaged in ________, a form of new idea generation.
A. licensing technology B. R&D C. consumer research D. brainstorming E. geodemographic analysis
The best example of a finite customer population is the:
A) car-buying public of an automotive manufacturer. B) constituents in a precinct lining up to vote. C) e-mail messages arriving at a major ISP mail server. D) members of the Management department at your university waiting to speak to the Dean about their department chairman.
United Insurance Company insures Travelco for fire insurance. United reinsures 40% of this exposure with Promises Reinsurance company on a pro-rata basis. If a $400,000 insured loss occurs at Travelco, Promises Reinsurance will pay United:
A) $0 B) $400,000 C) $160,000 D) $240,000