Which of the following topics would least likely be contained in a company's statement of its core values? a. a commitment to having fun and creating a fun work environment. b. a commitment to operating excellence and superior results. c. mandating full compliance with all laws and regulations. d. exhibiting such qualities as integrity, fairness, trustworthiness, pride of workmanship, golden rule behavior, respect for co-workers, and ethical behavior. e. exhibiting teamwork and cooperative attitudes.

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.