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Author Question: Harold and Zack have pooled their money together to buy real estate but have filed no formal papers ... (Read 16 times)

joesmith1212

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on: Jun 24, 2018
Harold and Zack have pooled their money together to buy real estate but have filed no formal papers to form a business. Harold, a lawyer, handles all the legal matters and Zack, a real estate broker, finds buyers for the property they have subdivided. Harold and Zack are engaged in a
 A)partnership.
 B)close corporation.
 C)limited liability company.
 D)professional corporation.

Question 2

The concept that runs throughout the GATT requires that the products of all nations be treated equally and without discrimination by importing nations. This is the principal behind:
 A) nullification and impairment.
 B) most-favored-nation trade.
 C) ad valorem tariffs.
 D) nontariff trade barriers.


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Melissahxx

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

B


joesmith1212

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

bitingbit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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