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solmaris [256]
2 years ago
12

When each general partner is liable for the debts of the firm, no matter who was responsible for causing the debt, this is calle

d ______ liability.
Business
1 answer:
jeka57 [31]2 years ago
5 0

The type of liability that is illustrated in this scenario is known as unlimited liability.

<h3>What is unlimited liability?</h3>

It should be noted that in an unlimited liability company, the general partners are responsible for all the debts and liabilities that are incurred.

In this case, each general partner is liable for the debts of the firm, no matter who was responsible for causing the debt.

Learn more about liability on:

brainly.com/question/25012970

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Restore Construction Company enters into a contract to remodel Sam’s Home Store, agreeing to use only products from United Build
BlackZzzverrR [31]

Answer:

Sam’s Home Store can enforce the contract against Restore Construction Company

Explanation:

In contract law, only the parties involved in a contract can take action to enforce the contract. In this case Sam' Home Store signed the contract with Restore, so they can enforce it. Any third party beneficiaries from the contract, like United Building Supplies, are not entitled to enforce anything.

6 0
3 years ago
International data show a positive correlation between income per person and the health of the population. Which of the followin
SVEN [57.7K]

Individuals with higher incomes have better access to clean water, medical care, and good nutrition, and healthier individuals are likely to be more productive than sick ones.

<h3><u>Explanation:</u></h3>

Correlation refers to the relationship or association that exists between two variables taken into account for the research. There are three types of correlation such as positive, negative and no relation. Positive correlation refers to the situation when one variable is changed the other one will also be changed at the similar rate.

In the given scenario, it is said that there exists a positive correlation between the income per person and the population health. This means that when the individuals receives higher income then they can afford for getting clean water, medical care and also good nutrition and hence the healthier individuals will be more productive than the sick ones. This is because they can go for work without any leave or absence.

3 0
3 years ago
Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very fam
Anna71 [15]

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

Explanation:

To begin with, the name of <em>"Extreme Programming"</em> refers to a specific methodology of development of software that mainly focuses in the improvement of software quality and the responsiveness to changing customers requirements. Moreover, this methodology best fits in the cases where the system project comes with unclear requirements and where there is a short time schedule due to the fact that as a type of agile software development it advocates frequent releases in short time cycles that are primarily focus on introducing checkpoints in where the requirements of the consumers who are unclear can be adopted.

5 0
4 years ago
On-Time Delivery has a unique software program that tracks packages in real time and maps every step of their journey. Such a te
postnew [5]

Answer: Core capability

Explanation:

 The core capability is one of the type skills that set by an organization for managing all the business activities and achieving the desirable  results.

It is also focusing on the various types of core capabilities of the company. It helps in increase the growth and also the development of the company.

According to the given question, the ON-Time delivery is one of the type of unique software program that helps in managing all the real time packages and the technologies and this is known as the core capabilities.

  Therefore, Core capabilities is the correct answer.

8 0
3 years ago
The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 11,800 and 8,100 units, respectively. T
Mumz [18]

Answer:

Production Budget  Bath     118,200        

Production Budget   Gym    59400  

Explanation:

The production budget is calculated by adding the desired finished goods ending inventory to the sales and subtracting the opening inventory from it.

Production Budget

                                           Bath                Gym

Northern Sales                40,000             25000

<u>Southern Sales                75,000              35000</u>    (Missing Data)

<u>Total Sales                      115,000              60,000</u>

Add desired Ending

Inventory                           15000              7500

Less Opening Inventory  <u> 11800               8100</u>

<u>Production Budget            118,200          59400  </u>

<u />

<em>(The data in the given question was missing which has been added)</em>

<em>The Production Budget figures may change if the missing data is different from the one used.</em>

7 0
3 years ago
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