A partnership is created:
A) Once there is a valid partnership agreement.
B) Upon the issuance of stock to the partners.
C) If the managing partner files appropriate papers with the secretary of state.
D) If two or more persons or entities engage in an ongoing business activity for profit.
D
Business
You might also like to view...
A market economy is one where all goods and services are exchanged freely
Indicate whether the statement is true or false
Business
If a 1:M relationship is optional on the 1 side and mandatory on the M side, which of the following is true?
A) The resulting foreign key can have null (empty) values B) The resulting foreign key cannot have null (empty) values C) The resulting foreign key must have null (empty) values D) No foreign key is created as a result of mapping such a relationship
Business