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gregori [183]
3 years ago
7

Toggle owns a controlling interest in the LMN Partnership. The partnership agreement allows sale of all, or substantially all, o

f the partnership's assets upon majority vote. Toggle votes his controlling interest in favor of selling an important LMN asset to a corporation that he controls at a price to be set by an independent third-party appraiser. There is notice to all partners of the proposed transaction and a partnership vote. Toggle votes using his controlling interest, in favor of the sale. Minority partners sue, alleging that Toggle has violated his obligation of good faith and fair dealing. Which of the following is true?A. Toggle has violated his obligation of good faith and fair dealing.B. Toggle has also violated his duty to avoid conflicts of interest.C. A and B.D. None of the above.
Business
1 answer:
Sergeeva-Olga [200]3 years ago
3 0

Answer:

i think the answer is b

Explanation:

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8 0
3 years ago
Read 2 more answers
Mercedes-Benz is an example of a company that benefits from the added value of its successful name. This brand _____ can result
Shtirlitz [24]

Answer:

equity

Explanation:

In marketing, brand equity refers to the value that consumers assign to a specific brand. Brand equity is not something that a company can determine, it depends on the consumers' expectations, perceptions and past experiences with the brand.

Brands that have a positive brand equity, like Mercedes Benz or BMW, can actually charge a higher price for their products because consumers will accept the higher price and associate it with the brand.

3 0
3 years ago
Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
Lemur [1.5K]

Answer:

$ 44000

Explanation:

Given:

Actual overhead manufacturing cost, Ac = $ 352000

Actual direct labor hours, Ah = 56000

Estimated manufacturing overhead cost, Ec = $ 330000

Estimated direct labor hour, Eh = 60000

Now,

Predetermined Overhead Rate = Ec/Eh

on substituting the values in the above formula we get

= $ 330000/60000 = 5.5

also,

Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)

on substituting the values in the above formula we get

Underapplied Overhead = 352000 - (56000 × 5.5)

or

Underapplied Overhead = $ 44000

3 0
3 years ago
Natural Essences, a company that manufactures hair products, offers "dollar-off coupons" to adult women to get them to try its s
enot [183]

Answer:

The correct answer is Sales promotion.

Explanation:

Sales promotion is a promotional mix tool that consists of promoting a product or service through incentives or activities such as offers, discounts, coupons, gifts, raffles, contests, prizes and free samples.

These incentives or activities are known as sales promotions, and are usually intended to promote the sale of the product or service, by encouraging, inducing or motivating the consumer to decide on their purchase or acquisition.

The use of sales promotions is an effective strategy commonly used when launching a new product to the market, when you want to gain market share from the competition, or simply when you want to have a rapid increase in sales; but that has a disadvantage a cost that it is necessary to evaluate well before using.

7 0
4 years ago
Dev is a strategist for the firm Stark Industries, which produces high-quality HD movie cameras. This company needs a specific m
Setler [38]

Answer: A. Stark industries should acquire LENS

Explanation:

Based on the information given in the question, the best strategy that Dev should suggest is that Stark industries should acquire LENS.

Since Stark Industries require the material from LENS and it's difficult to trade, the best option is to acquire it. The acquisition will make the production of the high-quality HD movie cameras easier.

It should be noted that entering into a competition with LENS is not advisable as that'll lead to the material not gotten. Also, a short or long term agreement isn't advisable as well.

Therefore, the correct option is A.

5 0
3 years ago
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