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NEW QUESTION: 1
What is Data Enrichment?
A. Identifying and merging duplicate records.
B. Creating format consistency, removing bad data, and consolidating resources.
C. Improving existing data by linking additional data services.
D. Systematic collection or organization and analysis of data
Answer: A

NEW QUESTION: 2
In 1992, Anchor, Chain, and Hook created ACH Associates, a general partnership. The partners orally
agreed that they would work full time for the partnership and would distribute profits based on their capital
contributions. Anchor contributed $5,000; Chain $10,000; and Hook $15,000. For the year ended
December 31, 1993, ACH Associates had profits of $60,000 that were distributed to the partners. During
1 994, ACH Associates was operating at a loss. In September 1994, the partnership dissolved.
In October 1994, Hook contracted in writing with Ace Automobile Co. to purchase a car for the partnership.
Hook had previously purchased cars from Ace Automobile Co. for use by ACH Associates partners. ACH
Associates did not honor the contract with Ace Automobile Co. and Ace Automobile Co. sued the
partnership and the individual partners.
A. The ACH Associates oral partnership agreement was invalid because the partnership lasted for more
than one year.
B. The ACH Associates oral partnership agreement was valid.
Answer: B
Explanation:
Choice "a" is correct. A partnership agreement does not have to be in writing to be valid. If the partners
want to enforce an agreement to be partners for more than one year, that agreement must be in writing,
but merely having the partnership last for more than one year does not make an oral partnership
agreement invalid.



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