A limited partner contributes capital but does not participate in the management of the business.

A limited partnership consists of at least one general partner who has unlimited liability and one or more limited partners who have limited liability.

Partnership by estoppel occurs when a person represents themselves as a partner, leading others to believe they are part of the partnership, thus creating legal recognition.

A partnership deed is a legal document that outlines the terms and conditions of the partnership, including roles, responsibilities, and profit-sharing.

The profit-sharing ratio refers to the ratio in which partners agree to share the profits of the partnership.

Resource allocation efficiency is about maximizing output while minimizing resource use, making option 0 the correct answer.

A resource allocation strategy is a method for determining the most efficient use of resources, making option 1 the correct answer.

Resource optimization refers to maximizing the use of available resources to achieve the best outcomes, making option 0 the correct choice.

Resource scarcity refers to the limited availability of resources in comparison to the demand for them, which necessitates careful allocation.

Role ambiguity refers to the uncertainty about individual responsibilities within a team, which can lead to confusion and inefficiency.

A silent partner invests capital but does not engage in the daily operations of the business.

A silent partner is one who invests in the business but does not take part in its management.

Synergy refers to the combined effect that is greater than the sum of individual contributions, enhancing overall performance.

Synergy refers to the combined effect that is greater than the sum of individual efforts, highlighting the power of collaboration in a team.

Team cohesion refers to the degree to which team members are attracted to the team and motivated to stay, which is crucial for team success.

Team synergy refers to the enhanced effectiveness that results from collaborative efforts.

A universal set contains all possible elements under consideration, serving as the overarching set for any constraints applied.

A universal set is defined as a set that contains all possible elements relevant to a particular discussion or problem.

A positive discussion about benefits typically conveys an optimistic tone.

The tone is urgent as it conveys a sense of immediate action needed regarding climate change.

The author maintains an informative tone throughout the passage, presenting facts and data without sarcasm or pessimism.

The author critically examines the factors contributing to inequalities, indicating a critical tone.

The tone of the passage is optimistic and encouraging, as the author highlights the positive aspects of making thoughtful selections.

The author maintains an optimistic tone, suggesting that with the right measures, social inequalities can be addressed effectively.

The tone is critical and analytical, as the author examines the complexities of inequality rather than presenting a simplistic view.

The passage conveys a sense of urgency regarding climate change, aiming to persuade readers to take action.

The passage indicates that stakeholders are expressing concerns, suggesting a tone of concern.

The tone reflects criticism of the policy due to employee backlash.

The graph indicates a steady improvement in employee satisfaction over the years, as shown by the upward trend.

The 'tragedy of the commons' describes a situation where shared resources are overused and depleted due to individual self-interest, making option 0 the correct explanation.