People with an external locus of control:
A) are extremely self-reliant.
B) are more likely to take responsibility for their own failure.
C) feel that they have complete control over their lives.
D) feel buffeted by forces such as random luck.
Question 2
With regard to taxation of partnerships, which of the following statements is correct?
A) Profits are taxed twice.
B) Each partner is taxed in the same way as a sole proprietor.
C) Taxes are paid on a partnership's profits, after which each partner pays taxes on his or her share of the profits.
D) A partnership is exempt from taxes.
E) The partnership is taxed as a separate entity.
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