With respect to management decisions a majority of the partners must agree, irrespective of the size of each partner's interest in the partnership.
<h3>What is
partnership?</h3>
A partnership is an agreement in which two or more parties, known as business partners, agree to work together to advance their mutual interests. Individuals, businesses, interest-based organizations, schools, governments, or combinations can form partnerships.
A partnership is a single business owned by two or more people. Each partner contributes to every aspect of the business, whether it's money, property, labor, or skill. In exchange, each partner shares in the company's profits and losses.
The goal of a partnership agreement (or partnership contract) is to create a legally binding contract between two or more individuals or other legal entities in order to establish a business enterprise. This partnership agreement specifies each partner's or entity's rights and responsibilities.
To know more about partnership follow the link:
brainly.com/question/14034519
#SPJ4
Answer:
The correct answer is option a.
Explanation:
The supply curve of a firm is closely related to the cost of production of the firm in a competitive market. If the cost of production is lower the firm will be able to supply more. If the cost of production is higher, the firm will supply less.
The cost of production, on the other hand, depends upon the price of inputs used in the process of production.
Consumer preferences and income tax rates affect the demand for goods. The interest rate on government bonds affects its demand.
Answer:
Explanation: Journal Entries for the sale.
DR: Bank/Cash. $800,000
CR: Sales. $783,000
CR: Warranty on sales. $17,000
Being sales of 200 color printers at $4,000 per piece.
DR: warranty expense. $330
CR: Warrant on sales. $330
Being actual expense incurred on warranty for year 2020
Answer:
The correct answer is (C)
Explanation:
The company has launched an initiative to improve cooperate citizenship and Abigail as a manager is responsible for various operations such as shareholders interest, transparency and integrity of customers. The job of a manager is tough and it requires tremendous amour of effort. Likewise, a manager is not responsible for the vigilance of the board of directors because they are on their own and she has no authority over them.
Malcom seems to be drawing from COERCIVE source of power.
Coercive means to be using force or threat in order to make some one to do something. From the scenario given above, it can be seen that, Malcom is using threat in order to make others to be subjective to him concerning the project they are handling.<span />
