If a partnership is formed without an agreement, the partnership is automatically subject to the:
A) Certification of Incorporation laws.
B) Uniform Partnership Act.
C) Limited Liability Company Act.
D) Revised Uniform Limited Partnership Act.
Answer: B
Business
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In reinsurance, the insurance company who transfers its loss exposure to another insurer is the:
A. Reciprocal insurer B. Reinsurer C. Primary insurer D. Secondary insurer
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Cycle time should always be between the longest task time and the total task time in a production line.
A. True B. False
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