The correct answer is A) He was named acting president.
Vladimir Putin first became president of Russia when he was named acting president.
On December 31, 1999, Russian President Boris Yeltsin resigned and chose Vladimir Putin as his successor. Russian government organized elections three months later after Yeltsin's resignation. So in the Presidential elections of March 2000, Vladimir Putin was declared the winner. He easily defeated his rival Gennady Zyuganov, who at that time was the leader of the strong Communist Party.
Since that election, Putin has been reelected many times and he is the absolute leader of Russia and one of the most powerful leaders of the world.
A partnership is an unincorporated association of two or more individuals to carry on a business for profit. Many small businesses, including retail, service, and professional practitioners, are organized as partnerships.
A partnership agreement may be oral or written. However, to avoid misunderstandings, the partnership agreement should be in writing. The agreement should identify the partners; their respective business‐related duties and responsibilities; how income will be shared; the criteria for additional investments and withdrawals; and the guidelines for adding partners, the withdrawal of a partner, and liquidation of the partnership. For income tax purposes, the partnership files an information return only. Each partner shares in the net income or loss of the partnership and includes this amount on his/her own tax return.
