Choke Price Definition.

A choke price is the highest price that a consumer is willing to pay for a good or service. In other words, it is the price point at which the consumer “chokes” on the price and is unwilling to pay any more. This concept is important to businesses because it helps them to determine the … Read more

What You Need to Know about Partnership Articles.

. What You Need to Know About Articles of Partnership What are the 4 types of corporation? 1. C Corporation 2. S Corporation 3. B Corporation 4. Nonprofit Corporation What articles should be included in a partnership agreement? A partnership agreement should include the following articles: 1. The name of the partnership and the date … Read more