A(n) _____ is a voluntary agreement under which two or more people act as co-owners of a business for profit.

A. vertical merger
B. partnership
C. S corporation
D. acquisition


Answer: B

Business

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Which of the following is not true about preparing a check?

a. The signature box should be defaced; b. All aspects of the check should be reviewed for correctness; c. The check stub should be completed; d. The written amount should be followed by a line to fill in any remaining space; e. The check should be dated.

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Different organizations have basic norms that govern which emotions should be displayed and which should be suppressed. What are these norms called?

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Substituting a new third party for one of the original parties is a novation

Indicate whether the statement is true or false

Business