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2 years ago

Granval thinks a partnership will reduce his personal financial responsibility. this is true only if?

1 answer:

4 0

Granval thinks a partnership will reduce his personal financial responsibility. this is true only if Granval is not a general partner.

General partnership is a type of business agreement which is made between two or more individuals who agree to share all the assets, profits as well as liabilities of the business.

Because of the simplicity and tax benefits in the general partnership, a general partnership is one of the most common legal business entities.

However, it's very important to consider that each partner is personally responsible for the business, including debts and lawsuits, and is held liable for the actions of their partners.

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A woman purchased a new refrigerator from an appliance store. Two weeks later, she sold the refrigerator to her son, who had jus

Phantasy [73]

Answer: The court shouldn't grant either of them motion, due to the fact that the jury must determine whether the damage was due to the technician's installation of the improper cooling panel.

Explanation:

Based on the information given and assuming that both parties have moved for a directed verdict, then the court should not grant either of the motions.

The court shouldn't grant either of them motion, due to the fact that the jury must determine whether the damage was due to the technician's installation of the improper cooling panel.

6 0

3 years ago

Ben is exhausting his money income consuming products A and B in such quantities that MUa/Pa = 6 and MUb/Pb = 4. Ben should purc

yaroslaw [1]

Answer:

Option (a) is correct.

Explanation:

Given the marginal utility per dollar for the two products as follows:

$\frac{MU_{a} }{P_{a} } =6$

$\frac{MU_{b} }{P_{b} } =4$

All the individuals wants to maximize their utility that is obtained from the consumption of goods. We can see that marginal utility per dollar of product A is higher than the marginal utility per dollar of product B which means that this consumer should purchase more quantity of product A and less quantity of product B.

It is going on until the point at which marginal utility per dollar of both the products becomes equal.

6 0

3 years ago

Mike has one hour to spend at the gym where he will jog, play handball and cycle. jogging uses 10 calories per minute, handball

slega [8]

Let
x = minutes used for jogging
y = minutes used for handball
z = minutes used for cycling

Th total time spent is 1 hour (60 minutes), therefore
x + y + z = 60

Because Mike jogs as long as he cycles, therefore
x = z
Therefore
2x + y = 60
or
y = 60 - 2x (1)

Jogging consumes 10 calories/min, handball consumes 9 calories/min and cycling consumes 12 calories/min.
The calories consumed in 60 minutes is 580, therefore
10 x + 9y + 12z = 580
Because x = z,
22x + 9y = 580 (2)

Substitute (1) into (2).
22x + 9(60 - 2x) = 580
22x + 540 - 18x = 580
4x = 40
x = 10
y = 60 - 2x = 40
z = x = 10

Answer:
10 minutes of jogging
40 minutes of handball
10 minutes of cycling.

4 0

4 years ago

Job descriptions often include the following information related to the job

Vilka [71]

Resume, school transcript, professional certifications, awards, memberships in professional organizations. Letters of recommendation, "thank you" notes, newspaper/website articles about you.

7 0

2 years ago

If an economy experiences increasing opportunity costs with respect to two goods, then the production possibilities curve betwee

umka2103 [35]

Production possibilities curve between the two goods will be a straight, downward-sloping line if the opportunity cost rise.

<h3>What is production possibilities curve?</h3>

The production possibilities curve serves as graph that display the relationship between the resources and the output that can be produced.

Therefore, when the opportunity cost that exists between two goods, there will be. downward slope as regards the production possibilities curve.

Learn more about production possibilities curve at;

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8 0

2 years ago