There are three (3) types of income: Earned Income, Portfolio Income and Passive Income.
Earned Income - a type of income that is generated through work (e.g. salary)
Portfolio Income - These income are somewhat called "capital gains" because it is where the state gets salary taxes. This type of income is generated through selling investments in a higher price that you paid.
Passive Income - This type of income is generated through your assets that you have created. Like for instance, you bought a house and let it rent to earn an income.
Answer:
Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Explanation:
What is Partnership
Partnership is a form of business, where individuals come together to carry on business with the primary intention of making profit. Mostly, they come together by contributing capital and expertise to make the business work . Every partner is however liable and responsible for both the profit made and the losses or liabilities of the partnership.
Although the general partner has unlimited liability, every partner is however jointly and severely liable for the business
Were Summemour and Hatcher Liable?
This case is referred in the J.T. Turner Construction Company v. Summerour and Hatcher(2009). The court this case declared that both Hatcher and Summemour were jointly and severally liable as a result of the following reasons.
A partner becomes liable especially for a prior judgment based on the following
1. The partnership has proven indebtedness
2. A general partner in the partnership was sued to court
Based on these, Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Answer:
Easy money is a representation of how the Fed can stimulate the economy using monetary policy. The Fed looks to create easy money when it wants to lower unemployment and boost economic growth, but a major side effect of doing so is inflation.
Explanation:
Answer:
It decreases the interaction of humans. It also blurs work and personal life. It also create difficulties in demonstrating workload. It enables technology to get in the way.
Explanation:
Generally, the applications of telecommunication and devices are accompanied by both positive and negative effects. It makes communication easy and transfer of information efficient. There are also negative effects of the use of telecommunication as outlined in the answer section above.
Answer:
the six stages of the product adoption process are :
1. Awareness.
2. Interest.
3. Evaluation.
4. Adoption
5. Confirmation
6. trial