Answer: option D
Explanation: A Limited liability partnership is an ownership style which exhibits characteristics of both partnership and corporations. This was implemented for the benefit of business entities and for the ease of owners.
a. In a limited liability a limited partner will never be personally liable for the debts.
b. A general partner can be a limited partner as long as there are two legal partners.
c. A general partner cannot be a secured creditor as he will always have unlimited liability.
d. A Limited liability partnership is the form of partnership in which some or all of the partners have limited liability.
Answer:
The correct answer is regarding the model, is that an individual firms prices are flexible but the level of the price is fixed.
Explanation:
The aggregate expenditure model is the model in which the sum or total of all the expenditures are undertaken in the economy with the factors during the particular time period.
The equation is:
AE = C (Consumption) + I (Investment) + G (Government) + NX (Net Exports)
In this model, it is assumed that the prices of the individual firm are flexible whereas the price level is fixed.
Answer:
<u>C. The company has a very poor turnover of assets and collects its receivables quickly; thus there are some concerns from these ratios. D</u>
<u>Explanation:</u>
Let's be mindful that turnover here refers to <em>revenue</em>, while receivables refer to<em> amounts owed to the company</em>. So, If the company has a very poor turnover of assets it means it isn't making much revenue, and it is collecting its receivables quickly implying there are some concerns (imbalances) from these ratios.
Therefore, the managers of Tyler Toys or the shareholders need to work out a solution.
If the number is 12,759 and they ask to round to the nearest 10,000 then you look at the thousands place (where the 2 is) and is its less than 5 round down and if its more round up. so the answer would be 10,000
Answer:
B) Abstract and opinion.
Explanation:
Abstract and opinion can also be call Abstract of title:
this is the records or evidence of the full history of the property from the conveyance,wills, legal backing, and the list of those people that as assume ownership of the property for a particular period of time.
A full summary of all consecutive grants, conveyances, wills, records, and judicial proceedings affecting title to a specific parcel of real estate, together with a statement of all recorded liens and encumbrances affecting the property and their present status, but not including encroachments and forgeries, is known as a Abstract of Title or Abstract and opinion.
