Answer:
The correct option is C,Abby and Zeke are personally liable
Explanation:
Being personally liable means that if the amount of assets available in the joint venture is not enough to pay back the debts owed by the joint venture, the joint venturers would have to pay the debt balance from private pockets.
Option A is applicable to limited liability companies as well as limited liability partnerships.
Option B is also wrong based on the point cited for option A.
The same issue applies to Option D.
In other words, options A,B and D are only applicable to limited liability situations and the joint venture is not a limited liability business.
Answer: It is done so that it can match the ongoing use of the asset with the economic benefits derived from it.
Explanation:
Answer:
in this scenario, susan and sam has not done any wrong things.
but Martin has manipulated sam to take revenge from susan for firing him.
so in this case, no susan is not obliged to pay. she can take action against martin and after proving in a court of law about martin's manipulation, he will be liable to pay.
Explanation:
Answer:
Anna
Explanation:
Overall the best model is the one which can best predict and forecast. Overall, the two students are trying to predict the prices of gasoline. Anna's model predicts correctly 75% of the time, and Maria's model can predict 55% of the time. According to the track record, Anna is likely to get higher grades because she has a better prediction record.
