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Sphinxa [80]
3 years ago
10

Assume the football team is set up as a general partnership and that Lenny, Sarah, and Sam are all general partners in the team.

The team is sued for negligence because an individual who turned to see the quarterback running naked crashed her car. Which of the following is true?a) The individual partners may be sued, but not the partnership itself.b) The partnership may be sued as well as the partners, but the partners' liability is limited to their investment in the firm.c) The partnership may be sued, but not the individual partners.d) The partnership may be sued as well as the partners, and the partners' liability unlimited.
Business
1 answer:
kramer3 years ago
3 0

Answer: D.The Partnership may be sued as as the partner and the partners' liability unlimited

Explanation:

The Partnership may be sued as as the partner and the partners' liability unlimited

A partnership is not recognized as a legal entity, in a starndard partnership agreement Partners in a partnership are Personally liable. They  are jointly and severally liable for the debts of the Partnership. Their personal belongings may be claims in order to settle the liabilities of the partnership

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Andreyy89

Answer:

You will have $16,111.99

Explanation:

a) Data and Calculations:

Annual savings $3,500

Years = 4

Interest rate = 5.7%

Future value using finance calculator:

FV (Future Value) $16,111.99

PV (Present Value) $12,907.71

N (Number of Periods) 4.000

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PMT (Periodic Payment) $3,500.00

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Total Principal $14,000.00

Total Interest $2,111.99

b) Your annual savings of $3,500 with 4 deposits will have a future value of $16,111.99 compounded at 5.7% for 4 years with a total principal of $14,000 ($3,500 * 4).

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3 years ago
Vertical cooperative advertising is usually legal, except when: unquantifiable emotional appeals are involved. a representation,
mixas84 [53]

Vertical cooperative advertising is usually legal, except when bogus advertising allowances are given in the form of hidden price concessions.

3 0
3 years ago
which one of the following is the primary determinant of a firm's cost of capital? a. cost of debt b. d/e ratio c. tax rate d. u
kolbaska11 [484]

Use of the funds ne of the following is the primary determinant of a firm's cost of capital. (OPTION D).A company's capital structure, or how money is used, will vary depending on the characteristics of its operational industry.

The main determinant of the firm's funds of capital would be its capital structure or method of usage. Firm traits including expansion, size, collateral asset value, profitability, volatility, non-debt tax shields, distinctiveness, industry, etc. are factors that affect capital structure. There may be numerous indicators for each capital structure factor. Tangibility, profitability, sales growth, business risk, and firm size act as moderating variables when determining capital structure in this study.

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4 0
11 months ago
Jake has plans to go to an opera and already has a $100 nonrefundable, nonexchangeable, and nontransferable ticket. Now Megan, w
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Explanation

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4 0
2 years ago
After 160 customer reviews for the hotel, 65% were Excellent
Aneli [31]

Answer: 104 reviews

Explanation:

Number of customers reviews = 160

Percentage of customer reviews that were excellent= 65%

.

Number of customer reviews that were excellent will be:

= 65% × 160

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= 0.65 × 160

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104 reviews were excellent.

4 0
2 years ago
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