Global Shipping Corporation and Harbor Warehouse Company transfer their property to Investment Managers, Inc, which manages the property and distributes the profits to Global Shipping and Harbor Warehouse. This form of a business organization is?
A) a business trust
B) a joint stock company.
C) a joint venture.
D) a syndicate.
A
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Which of the following is characteristic of a general partnership?
A) The partners have co-ownership of partnership property. B) The partnership is subject to federal income tax. C) The partnership has an unlimited life. D) The partners have limited liability.
Which statement about the "fable of equality" in the United States is incorrect?
a. Some believe class in the United States is related to money. b. Some believe that class is related to education. c. Some believe class is indicated by one's values, style, and behavior. d. U.S. Americans readily accept the obvious existence of social class in other societies.
What is a classic mistake made by entrepreneurs when making the investment pitch?
a. Knowing their audience too well b. Building hand-offs into the presentation c. Reading the presentation slides d. Asking the potential investors a question