There are different kinds of loans. If a company obtained a bank loan, it would record that it received asset revenue in exchange for an Asset.
<h3>Is loan received a revenue?</h3>
Loans can be gotten from shareholders or any other person. They are
not grouped as revenue.
When loan is said to be received, the cash is known or regarded as an asset of the borrower.
Assets are known to be cash, accounts receivable, supplies, etc.
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Answer:
The correct answer is letter "C": Entire Contract.
Explanation:
The entire contract is the clause in an insurance contract that establishes that both the insured and the insurer are bound by the terms and conditions stipulated in the contract. In other words, only what is stated in the contract are the benefits and obligations of both parties and nothing else outside of it.
Options:
a. not entitled to more than 50 percent of the profits, because the parties historically had divided the profits fifty-fifty.
b. not entitled to more than 50 percent of the profits, because it was appropriate to apply partnership principles to an LLC when there was no operating agreement.
c. entitled to more than 50 percent of the profits, because Hurwitz would be unjustly enriched if he received 50 percent of the profits.
d. entitled to more than 50 percent of the profits, because it was the parties' intent to compensate Padden to a greater extent than Hurwitz
Answer:
B
Explanation:
Since neither the partnership nor the limited liability company had any partnership agreement that stated how Hurwitz and Padden would share the profits generated by the business, then the general rule of partnerships should apply, i.e. profits and losses must be divided equally among all the partners.
Answer:
are influences that the researcher cannot control. They are the shortcomings, conditions or influences that cannot be controlled by the researcher that place restrictions on your methodology and conclusions
This statement is False.
What is Lifecycle of business ?
A product's life cycle is the series of events that start when it is first created, follow it as it develops into a mature product, reaches critical mass, and then begins to decrease. A product's life cycle typically includes the following stages: product creation, market launch, growth, maturity, and decline/stability.
- In business, a product's life cycle tracks its development, maturation, and decline.
- The business, economic, and inventory cycles are other business cycle categories that have a life cycle-like trajectory.
- In the early stages of product development, seed money is frequently used.
- It is beneficial to research a competitor's product's life cycle.
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