Harold and Zack have pooled their money together to buy real ...

[joesmith1212]

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.

[Melissahxx]

Answer to Question 1

A

Answer to Question 2

B

[joesmith1212]

Gracias!

[nanny]

Thanks for the timely response, appreciate it