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Lerok [7]
3 years ago
13

If your partnership closes and you have outstanding debt, you are required to pay back the debt. You would have this type of lia

bility.
Unlimited

Limited
Business
1 answer:
RUDIKE [14]3 years ago
6 0

Answer:

Unlimited

Explanation:

Unlimited liability means that a partner is liable to all the debts and obligations of the partnership. If the business resources are unable to settle its debts, then the partner will be required to meet the obligations using personal funds.

The liabilities of the partnership as a business are, by extension, debts to the partner.

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Internet recruiting can limit the fairness in hiring because: a. individuals from lower socioeconomic groups mostly have limited
Kaylis [27]

Answer:

D. Excludes retirees who are interested in seeking new employment opportunities

Explanation:

Internal recruitment is the process by which an organization fills a job vacancy by hiring someone from the existing workforce. It is a cheaper method, the firm is familiar with the employee, thus less risk and the employee is also familiar with the firm, hence no induction training required.

Since only those who are already working are the only ones who would be eligible under internal recruitment, retirees will not be a part of the pool of potential workers, even if they may be possessing better skills and experience.

3 0
3 years ago
What is comsumption efficiecy?
IRISSAK [1]
Consumption efficiency (Ec) is defined as a ratio, expressed as a percentage: a final output's effectual value divided by its potential value
4 0
4 years ago
Rankine Company estimates its bad debts expense by aging its accounts receivable and applying percentages to various age groups
Andrews [41]

Answer:

Date  Account titles and Explanation    Debit      Credit

         Bad Debt Expense                         $8,400

                  Allowance for doubtful account            $8,400

                  ($9,600 credit required - $1,200 already existing)

         (To record bad debt expenses)

Particulars                                               Amount

Account receivables                               $307,200

Less: Allowance for doubtful account   <u>$9,600</u>

Net amount of accounts receivable     <u>$297,600</u>

4 0
3 years ago
What would likely be involved in an equity release?
KengaRu [80]

Answer: delivery trucks

Explanation: I took the test

6 0
3 years ago
When the federal reserve announces that it is implementing a new interest rate policy?
Slav-nsk [51]
The federal funds rate will be affected!
7 0
3 years ago
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