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gregori [183]
2 years ago
12

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

Business
1 answer:
Orlov [11]2 years ago
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.

To know more about general partnership here:

brainly.com/question/12983082

#SPJ4

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In the 1990s, many isolated individuals began to see the growth of federal prison populations as a problem. Later they would for
tekilochka [14]

Answer:

C. Incipient Stage of the Social Movement

Explanation:

Social Movements represent group actions. The movement is usually characterized by the coming together of organisations or individuals, it can be formal or informal. The focus of social movements is to provoke action or bring about change in areas of the society.

Social Movements are marked by 4 stages: Emergence, coalescence, bureaucratization, and decline

Stage 1: Emergence or Incipient Stage - This stage is where individuals in isolated areas begin to see or believe there is a problem with a policy or an area of society. There is disappointment with certain social or political issues. It is the stage of realisation of a problem and dissatisfaction with the problem and this is the stage identified in the question.

Stage 2: Coalescence - This stage goes beyond the dissatisfaction to people, groups coming together to discuss the issue and then campaigns and protests begin to emerge

Stage 3: bureaucratization- Powerful unions begin to emerge, these coalitions also begin to acquire political power to cause change in the issues they are addressing.

Stage 4: Decline - Decline can be defined as the fizzling out of the movement, it can be due to the fact that it succeeded in causing a societal change in the area addressed or it failed and had to disband.

3 0
3 years ago
Burton Company uses a normal costing system. The company uses direct labor-hours as the cost-allocation base. The following info
densk [106]

Answer:

the allocated direct manufacturing overhead costs of Job 56 is $25

Explanation:

Overheads in manufacturing process are allocated to jobs or products using cost drivers or surrogates.

<em><u>First Step : Determine the Pre-determined Overhead rate</u></em>

Pre-determined Overhead rate = Budgeted Overheads / Budgeted Activity

                                                    = $2,000 / 800

                                                    = $ 2.50 per labor hour

<em><u>Step 2 : Determined the Amount of Overhead allocated to Job 56 based on labor hours utilised</u></em>

Overhead for Job 56 = Pre-determined Overhead rate × Hours Used

                                     = $ 2.50 × 10

                                     = $25

3 0
3 years ago
​Mid-Town Auto Parts Company uses the direct method to prepare its statement of cash flows. Refer to the following information r
Lera25 [3.4K]

Answer:

Collection from Customers =$487,000

Explanation:

Collection from Customers=account receivable beginning balance+sales revenue-account receivable ending balance

=97000+$519,000-$65,000

=$487,000

7 0
3 years ago
Suppose that Jack and Hal and Sophia enter in to a contract for the sale of the business. Jack however was drunk at the time tha
Katyanochek1 [597]

Answer:

The contract is valid unless Jack did not know he was entering into the contract or lacked the mental capacity to comprehend its nature.

5 0
4 years ago
Carlos, a manager, redesigns the job of Dani, a subordinate, so that she has more responsibility over her job. This is the proce
vodomira [7]

Answer:

The correct answer is C

Explanation:

Job enrichment is a technique which is for common motivational and used or follow by the firms or the organizations for giving an employee satisfaction in the work. In short, means that giving employee extra responsibilities which is prior reserved with manager.

In other words, it means that it provides the employee more self management in his or her duties. By doing the job enrichment, employee is more mentally stimulated when they have to take up the decision making roles, authoritative roles, which help them keeping focused on their objectives or goals and tasks of the business and company.  

So, in this case, manager redesign the job of his subordinate, giving more responsibilities. This process or procedure known as job enrichment.

4 0
3 years ago
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