answer within 30 min

A general partnership is:

Question 13 options:

	the most basic type of business organization in which there is only one owner.
	a legal entity that must be chartered by the state in which it is headquartered, giving it the authority to enter into legal agreements with individuals and other corporations.
	a special format designed to eliminate the problem of double taxation that one might find with a C-corporation format.
	a business that may have several general partners and several more limited partners who do not have unlimited liability.
	a business composed of two or more owners who contribute the initial capital of the business and share in the profits and any losses.

Question 14 (1 point)

The 'P' in the banker's CAMPARI approach for reviewing a perspective loan applicant stands for:

Question 14 options:

	price.
	product.
	purpose.
	place.
	promotion.