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
Answer:
When we invest ourselves into a project or a team, its our expertise and skills that we put in that project etc, works as Downpayment for it. When it comes to relation other than professional relationship like friendship then its our loyalty, behavior and understanding with that person that makes him/her reliant on us.
Explanation:
In the check register this would be added as a credit + to the account. This is due to it increased the account balance.
Answer:
B) achieving political and economic unity
Explanation:
The goals of mercantilism were to increase the wealth of the government (accumulate gold and silver) by controlling economic affairs, and ultimately increasing the power of the nation (both economic and military). You must remember that mercantilism was popular during the 17th and 18th century when democracy didn't exist, and the Kings and Queens were eager to increase their personal wealth, power and greatness.
