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barxatty [35]
3 years ago
11

One basic difference between partnership and agency law is that: a. in a partnership, partners are not deemed to be agents of th

e other partners b. each partner has an ownership interest in the firm c. each partner does not have an ownership interest in the firm 2. what governs the operation of a partnership when there is no express partnership agreement
Business
1 answer:
AveGali [126]3 years ago
3 0
One basic difference between partnership and agency law is that
(b) EACH PARTNER HAS AN OWNERSHIP INTEREST IN THE FIRM.
A partnership is a business agreement carried between two or more people. An agency is an organization or company that provides a particular service.

When there is no express partnership agreement the operation of a partnership is governed by THE UNIFORM PARTNERSHIP ACT. The Uniform Partnership Act (UPA) governs the partnership even in the absence of an express partnership agreement. It has reduced many discrepancies related to the partnership laws.
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Jahwana works for a large corporation with a 401(k) retirement plan. The company matches dollar for dollar the first 5% of the e
Gre4nikov [31]

Answer:

$8,000

Explanation:

Jahwana earns $40,000:

her 401k contributions = 15% x $40,000 = $6,000

Jahwana's employer contributes $1 per $1 that she contributes but only up to 5%, so her employee's 401k contribution = 5% x $40,000 = $2,000

total annual contribution = $6,000 + $2,000 = $8,000

7 0
3 years ago
Read 2 more answers
PLEASE HELP RECORD THIS ENTRIES IN THEIR RESPECTIVE JOURNALS
julsineya [31]
Yess i need help on this too
3 0
3 years ago
A _____________ team is made up of employees from the same hierarchical level but different work areas. They are typically broug
melisa1 [442]

A cross-functional team is made up of employees from the same hierarchical level but different work areas. They are typically brought together to accomplish a task.

Cross-functional teams are collections comprising personnel from various departments within the organization, such as marketing, production, sales, and customer engagement. These could be working groups in which each participant is a part both of their functioning team and the cross-functional team, or they could be the main organizational structure.

Different kinds of businesses have various approaches towards how cross-functional teams function. Simply by because of their size, entrepreneurs and small firms usually employ cross-functional teams. Given that they aren't large enough to establish different teams, the majority of projects or choices are made via collaboration between individuals with various areas of expertise.

Learn more about cross-functional teams here:

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3 0
1 year ago
Sam believes in rewarding his employees for their hard work. he is acting as a when he processes their merit raises promptly on
masha68 [24]

Answer:

c) leadership is first and foremost about establishing a personal bond with employees

Explanation:

Sam believes in rewarding his employees for their hard work. he is acting as a  _______ when he processes their merit raises promptly on their hire date anniversaries.

As a manager seeks to develop her leadership skills, she should be aware that:

a) there is one best leadership style to which all managers should aspire

b) leadership is primarily about personal efficiency

c) leadership is first and foremost about establishing a personal bond with employees

d) many different styles of leadership can be effective

Sam is acting as a manager when he processes their merit raises promptly on their hire date anniversaries. Leadership is the ability for an individual  to direct or guide other individuals, teams, or entire organizations. Leadership in an organization is directing employees to accomplish a goal or meet the company need.

A leader should be able to communicate effectively with his/her team, be honest and have integrity and also build good relationship among client, team members and the community at large. The first thing a leader must do is establishing a personal bond with employees.

7 0
3 years ago
Although Elton Mayo originally intended to collect data for a traditional scientific management study, his breakthrough research
erastovalidia [21]

Answer:

True

Explanation:

George Elton Mayo was well known for his theory about the human relations management which shed lights on things that drive employees motivation. The theory also tells about the factors which affects the productivity of employees, this lead to extensive research in this field which extended the field of human relations management. So it is true that scientific management study has a great contribution from Elton Mayo that lead to further studies of factors that increases the productivity of the employees.

4 0
3 years ago
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