Business 101

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Please check my work.

1.The employees of Abs “R” Us, which includes 12 fitness parlors in and around the metro area, feel they can improve the performance of the company. They decide to pool their resources to purchase the company. This would be called a blank buyout.

A.Leveraged
B.Hostile
C.Negotiated
D.Management

My answer is A.

2.According to your text, our main sources of ethical standards
are religion an

A.Philosophy
B.Social Habit
C.Culture
D.Circumstances

My answer is A.

3. It looks a lot like a corporation and can sell stock, but it’s taxed like a partnership. This would be a/a

A.S-Corporation
B.Mastered Limited Partnership
C.Uniform Liability Partnership
D.Limited Partnership

My Answer is A.

  • Business 101 -

    1 ANSWER = D
    2 ANSWER = C
    3 ANSWER = D

  • Business 101 -

    3. B
    2. C
    1. D

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