Duey, Huey and Luey is a law firm specializing in medical malpractice. Each owner has unlimited liability for the debts of the business and all owners share in the management of the firm. This law firm is an example of a:A. corporation.

• B. strategic alliance.
• C. joint venture.
• D. general partnership.
• E. limited partnership.

Bangles, Bobbles and Broaches, an independent jewelry store, acquires jewelry and accessories from producers and wholesalers and sells them to consumers. Bangles, Bobbles and Broaches is a:

• A. direct sales company.
• B. retailer.
• C. wholesaler.
• D. manufacturer.
• E. direct marketing company.

Leon has been asked to join a new partnership that is developing a recreation facility. He does not want to be liable for the firm's debts, if the project should fail. He could still participate as a:

• A. silent partner.
• B. general partner.
• C. contributor.
• D. working partner.
• E. limited partner.

The business plan should all of the following except:

A. explain the business.

• B. establish a strategy for acquiring sufficient funds.
• C. include an analysis of the competition.
• D. include estimates of income and expenses.
• E. act as a shackle to limit the business's flexibility and decision making.

In 1971, this company went public but in 1985 it was privatized again. Then in 2019, this same company went public again for the second time in its history. This sequence of events tells the story of:

A. George Weston Company

• B. Kellogg's
• C. Levi's
• D. McGraw Hill Ryerson
• E. Great Western Life