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alisha [4.7K]
3 years ago
8

Assume that the football team is set up as limited partnership. Lenny is the only general partner and Sarah and Sam are the only

limited partners. Who would make the decision about whether or not to fire the quarterback?a) Lenny, Sarah and Sam would vote on it.b)The board of directors of the team.c) Only Lenny.d) Only Sarah and Sam.
Business
1 answer:
Licemer1 [7]3 years ago
4 0

Answer:

b. The board of directors of the team.

Explanation:

Limited partnership is a form of partnership owned by two or more partners and in which liabilities of some partners are only limited to their investment in the business. The partnership business is being managed and controlled by the general partner who has unlimited liabilities.

For a general partner in a limited partnership, he has unlimited liability. In case of dissolution of the partnership business , he losses both his investment in the business and personal properties.

The limited partners only looses their investment in the business in case of liquidation.

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An investor in a T-bill earns interest by _________. receiving interest payments every 90 days receiving dividend payments every
pashok25 [27]

Answer:

buying the bill at a discount from the face value to be received at maturity.

Explanation:

Treasury bills also referred to as T-bills are short term financial instruments. T-bills are issued at a discount from the face value or par value of the bill. Therefore, a T-bill which has a face value of $2000 may have a purchase price of $1,500. The investor will buy the T-bill for $1,500 and upon maturity of the instrument, the investor will receive $2000. The difference between the purchase price of $1,500 and the amount received at maturity of $2000 is interest earned by the investor.

4 0
2 years ago
The long-time CEO of a large paper company is retiring. the members of the board want to make sure that the new person they hire
saul85 [17]
<h2>Leadership quality is required for the CEO</h2>

Explanation:

Upon all other quality, leadership quality always stands top and allow him / her to be in top position.

When the company is hiring new CEO, he must look out for the following qualities:

  • Proven leadership qualities
  • Dedication towards the work and mainly organization
  • Crisis management to resolve issues
  • The proven responsibility
  • The achievement made in the previous workplace
  • Ability to maintain confidentiality
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7 0
3 years ago
Domino's Pizza was 50 years old in 2010. Visit the company's business-related website (www.dominosbiz) and read the company prof
RUDIKE [14]

Answer:

Consider the following paragraph I wrote

Explanation:

I think the firm focuses on the economic perspective in describing its competitive advantage. In the economic perspective, a firm focuses on how much economic value it creates through its competitive advantage.

In the company profile, Domino's focuses on how much economic value it creates for its sub-franchisees, franchisees and the parent company. It focuses more on the chain which creates economic value for the entire Domino's ecosystem consisting of the parent company, franchisees, and the sub-franchisees. So, I think the firm focuses on economic perspective in describing its competitive advantage.

4 0
3 years ago
Failure to record the adjusting entry for deferred revenue now earned causes liabilities on the balance sheet to be what
zlopas [31]

Answer:

overstated

Explanation:

Adjusting entry is a term used in the accounting process, which describes journal entries usually carried out at the end of an accounting period to assign income and expenditure to the period in which they actually happened.

However, the journal entry to identify a deferred revenue is to debit or increase cash and credit or increase a deposit or another liability account.

Hence, Failure to record the adjusting entry for deferred revenue now earned causes liabilities on the balance sheet to be what OVERSTATED

8 0
3 years ago
What is characteristic of an organization in which salespeople do most or all of their own marketing?
Pavel [41]

Answer:

private

Explanation:

people are doing private marketing to earn money for themselves

5 0
3 years ago
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