In order to establish a partnership, you must have a lawyer draw up a legal agreement in the form of articles of partnership
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: A legal agreement is a good idea but not required by law; if you don't have articles of partnership, partnerships are covered by the Uniform Partnership Act in every state except Louisiana.
Business
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The idea that a small number of customers account for a majority of a company's sales is referred to as the ________
A) 80/20 rule B) prospecting rule C) frequency rule D) top-down rule E) percentage of sales rule
Business
Which of the following is LEAST likely to be performed by a public relations department?
A) product publicity B) lobbying C) sponsorships D) media vehicle selection E) press releases
Business