When Lisa and Steve decided to start their own house flipping business, their state required them to draw up an agreement listing how much money they contributed, their management roles or duties, how their profits and losses will be divided, how they may leave the partnership, and any other restrictions that might apply to their agreement. What type of agreement is this

The correct answer is letter "C": articles of partnership.

Explanation:

The articles of partnership is a document signed by entrepreneurs who want to share capital and labor to form a business. The agreement is necessary for most state governments at the moment of constituting a business to determine the size of the contribution of each participant, the duties assigned to each partner, the location of the business, name of the entity, how profits and losses should be allocated, and how the organization dissolves.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation: