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Business Structures and Partnerships in MGT 101 Questions and Correct Answers | Latest Update $9.99   Add to cart

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Business Structures and Partnerships in MGT 101 Questions and Correct Answers | Latest Update

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  • Course
  • BUS 101
  • Institution
  • BUS 101

Merger  joins two firms in the same industry. Partnership  A legal form of business with two or more owners. Franchise  an arrangement whereby someone with a good idea for a business sells the rights to use the business name and to sell a product or service to others in a given te...

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  • October 4, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUS 101
  • BUS 101
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Apluss
Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025


Business Structures and Partnerships in MGT
101 Questions and Correct Answers |
Latest Update
Merger


 joins two firms in the same industry.




Partnership


 A legal form of business with two or more owners.




Franchise


 an arrangement whereby someone with a good idea for a business sells

the rights to use the business name and to sell a product or service to

others in a given territory.




Acquisition


 one company purchases the property and obligations of another company.




Limited Liability


 Limited partners and shareholders have this because t hey are only

responsible for the losses of a business up to the amount they invest.




~ 1 ~ for inquiry mail me @ supergrades12@gmail.com

, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025




Limited Liability Company (LLC)


 This unique government creation looks like a corporation but is taxed like

sole proprietorships and partnerships.




Licensor


 is a company that develops a product concept and sells others the rights

to make and sell the products.




Conglomerate


 A business proposition that joins firms in completely unrelated industries.




Limited Partnership


 An agreement that is a partnership with one or more general partners and

one or more limited partners.




S Corporation


 looks much like a corporation in that it acts like a corporation and is

traded on a stock exchange but is taxed like a partner ship and thus avoids

corporate income tax.




~ 1 ~ for inquiry mail me @ supergrades12@gmail.com

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