Business Agreements – NBC Institute

BMF – May 2023 – L1 – SA – Q5 – Business and Organizational Structures and Choices

Identify the term used for a legally-binding promise given in writing.

Question

A legally-binding promise, given in writing, is termed:

A. Security
B. Covenant
C. Debt Relief
D. Warranties
E. Guarantee

Answer

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Tags: Business Agreements, Contracts, Legal Promise, Legally-binding
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAY 2023

BMF – May 2017 – L1 – SA – Q11 – Business and Organizational Structures and Choices

Multiple-choice question on identifying a form of strategic alliance.

Question

Which of the following is a strategic alliance?

A. Joint venture
B. People alliance
C. Geographic specific
D. Investment
E. Sale

Answer

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Tags: Business Agreements, Joint Ventures, Strategic Alliances
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAY 2017

BMF – May 2017 – L1 – SA – Q9 – Business and Organizational Structures and Choices

Multiple-choice question on the document specifying obligations and rights in a business partnership.

Question

A business partnership is an entity in which two or more individuals share the ownership of the business. The document which specifies the obligations and rights of each partner is called

A. A partnership deed
B. A contract
C. An article of association
D. A memorandum of association
E. A tort

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Agreements, Business Partnership, Partnership Deed
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAY 2017

BMF – May 2023 – L1 – SA – Q5 – Business and Organizational Structures and Choices

Identify the term used for a legally-binding promise given in writing.

Question

A legally-binding promise, given in writing, is termed:

A. Security
B. Covenant
C. Debt Relief
D. Warranties
E. Guarantee

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Agreements, Contracts, Legal Promise, Legally-binding
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAY 2023

BMF – May 2017 – L1 – SA – Q11 – Business and Organizational Structures and Choices

Multiple-choice question on identifying a form of strategic alliance.

Question

Which of the following is a strategic alliance?

A. Joint venture
B. People alliance
C. Geographic specific
D. Investment
E. Sale

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Agreements, Joint Ventures, Strategic Alliances
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAY 2017

BMF – May 2017 – L1 – SA – Q9 – Business and Organizational Structures and Choices

Multiple-choice question on the document specifying obligations and rights in a business partnership.

Question

A business partnership is an entity in which two or more individuals share the ownership of the business. The document which specifies the obligations and rights of each partner is called

A. A partnership deed
B. A contract
C. An article of association
D. A memorandum of association
E. A tort

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Agreements, Business Partnership, Partnership Deed
Level: Level 1

Topic: Business and Organizational Structures and Choices
Series: MAY 2017

Question Tag: Business Agreements

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BMF – May 2023 – L1 – SA – Q5 – Business and Organizational Structures and Choices

Identify the term used for a legally-binding promise given in writing.

BMF – May 2017 – L1 – SA – Q11 – Business and Organizational Structures and Choices

Multiple-choice question on identifying a form of strategic alliance.

BMF – May 2017 – L1 – SA – Q9 – Business and Organizational Structures and Choices

Multiple-choice question on the document specifying obligations and rights in a business partnership.

BMF – May 2023 – L1 – SA – Q5 – Business and Organizational Structures and Choices

Identify the term used for a legally-binding promise given in writing.

BMF – May 2017 – L1 – SA – Q11 – Business and Organizational Structures and Choices

Multiple-choice question on identifying a form of strategic alliance.

BMF – May 2017 – L1 – SA – Q9 – Business and Organizational Structures and Choices

Multiple-choice question on the document specifying obligations and rights in a business partnership.

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BMF – May 2023 – L1 – SA – Q5 – Business and Organizational Structures and Choices

Identify the term used for a legally-binding promise given in writing.

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BMF – May 2017 – L1 – SA – Q11 – Business and Organizational Structures and Choices

Multiple-choice question on identifying a form of strategic alliance.

You're reporting an error for "BMF – May 2017 – L1 – SA – Q11 – Business and Organizational Structures and Choices"

BMF – May 2017 – L1 – SA – Q9 – Business and Organizational Structures and Choices

Multiple-choice question on the document specifying obligations and rights in a business partnership.

You're reporting an error for "BMF – May 2017 – L1 – SA – Q9 – Business and Organizational Structures and Choices"

BMF – May 2023 – L1 – SA – Q5 – Business and Organizational Structures and Choices

Identify the term used for a legally-binding promise given in writing.

You're reporting an error for "BMF – May 2023 – L1 – SA – Q5 – Business and Organizational Structures and Choices"

BMF – May 2017 – L1 – SA – Q11 – Business and Organizational Structures and Choices

Multiple-choice question on identifying a form of strategic alliance.

You're reporting an error for "BMF – May 2017 – L1 – SA – Q11 – Business and Organizational Structures and Choices"

BMF – May 2017 – L1 – SA – Q9 – Business and Organizational Structures and Choices

Multiple-choice question on the document specifying obligations and rights in a business partnership.

You're reporting an error for "BMF – May 2017 – L1 – SA – Q9 – Business and Organizational Structures and Choices"

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