Question: A-What is it called when a partner dissolves the partnership in violation of the partnership agreement? 1-Rightfully dissolved 2-Wrongful dissolution 3-Winding-up 4-Dissolution B-Which type of

A-What is it called when a partner dissolves the partnership in violation of the partnership agreement? 1-Rightfully dissolved 2-Wrongful dissolution 3-Winding-up 4-Dissolution

B-Which type of corporation may earn profits but does not distribute them to shareholders? 1-Publicly held corporations 2-Alien corporations 3-Public corporations 4-Nonprofit corporations

C-What entitles the creditor to the partners profits while the partner continues to act like a partn er and engage in the partnership business? 1-Charging order 2-Accounting 3-Right of survivorship 4-Duty of care

D-Which type of corporation is located in states where it conducts business but is not incorporated? 1-Alien corporation 2-Foreign corporation 3-For-profit corporation 4-Nonprofit corporation

E-If a business organization is governed by a group of trustees, who operates the trust for the beneficiaries? 1-Joint venture 2-Joint stock company 3-Business trust 4-Syndicate

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