What type of business entity is a business where two or more persons co-own abusiness for profit where each partner is individually liable for all partnership debts?

Confirmation of accounts receivable is a generally accepted auditing procedure. The presumption is that an auditor will request confirmation of accounts receivable. Confirmation is necessary when

a. Based on prior years' audit experience, response rates will be inadequate b. Based on experience with similar engagements, responses are expected to be unreliable c. The combined assessed level of inherent and control risk is high d. The accounts receivable are immaterial

The Nike swoosh, McDonald's golden arches, and Apple's apple are all examples of ________

A) patents B) trademarks C) copyrights D) trade secrets E) digital rights