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What is the SCM?
What is the SCM?
- A legal entity that allows its partners to share expenses (correct)
- A company that requires a minimum capital investment
- A company that requires a certain level of formalism
- A company that requires a majority of the members to agree to make decisions
What is the responsibility of all partners in the SCM?
What is the responsibility of all partners in the SCM?
- They must agree to make decisions
- They must have a minimum capital investment
- They must have a certain level of formalism
- They have unlimited liability for their personal assets (correct)
What does the SCM preserve?
What does the SCM preserve?
- The independence of its members (correct)
- The financial health of the company
- A joint decision-making process
- The option of a sole manager with full powers
What is required for a company to be run democratically?
What is required for a company to be run democratically?
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What is an option for one of the partners in the SCM?
What is an option for one of the partners in the SCM?
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Study Notes
- The SCM is a legal entity that allows its partners to share expenses and independently manage their clients or patients.
- The SCM preserves the independence of its members and does not require a minimum capital investment.
- All partners have unlimited liability and are responsible for their personal assets.
- The SCM requires a certain level of formalism in order to function effectively, such as a joint decision-making process.
- In order for a company to be run democratically, a majority of the members must agree to make decisions.
- Formalism often ensures the soundness of decisions and the financial health of the company.
- If one of the partners trusts them to manage everything, the option of a sole manager with full powers is also possible.
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