1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Cloud [144]
4 years ago
9

In a limited liability partnership (LLP)

Business
1 answer:
sladkih [1.3K]4 years ago
6 0

Answer:

The correct answer is A

Explanation:

In the LLP (which stands for Limited Liability Partnership), which is a kind of partnership, in this partnership all the partners have the liabilities which is limited. In other words, limited liability means that the partners are not liable beyond their capital amount and each partner is also not responsible for the misconduct or the negligence of the another partner.

Therefore, the option A is correct as the partner could avoid the liability for the malpractice of the other partner.

You might be interested in
To determine the effective gross income on a property, the sales associate should:________
artcher [175]

Answer:

Subtract vacancy and credit costs from potential gross income

Explanation:

Effective gross income (EGI) is actually the ratio or relationship that exists between the sale price of a property and effective gross income of that same property.

It is the potential gross income added to other income when vacancy and credit costs are subtracted from it.

EGI is used to determine the value of a rental property and the cash that the property generates.

4 0
3 years ago
The original cost of a LIFO inventory item is below both replacement cost and net realizable value. The net realizable value les
serg [7]

Answer:

D. Original cost.

Explanation:

As we know that the inventory should be valued at lower of cost or market value. Also , the market value is the middle amount among the replacement cost, net realizable value, net realizable value - normal profit margin

It can be the replacement cost or net realizable value. We don't have an idea which one is the middle amount

Also, if the original cost is less than the market cost so we assume that the inventory should be valued at original cost

4 0
3 years ago
On January​ 1, Year​ 1, Gallagher Corporation issued 400 comma 000 stock options for 400 comma 000 shares to a division manager.
masha68 [24]

Answer:

$1,000,000

Explanation:

Gallagher Corporation

Stock option × Option estimated fair value /Numbers of years

Stock option $400,000

Option estimated fair value $10

Numbers of years 4

Hence:

($400,000 × $10) / 4 years

=$4,000,000/4years

= $1,000,000

Therefore pretax compensation expense for year 1 will be $1,000,000

4 0
3 years ago
_____ has the ability to introduce methods in which government can use to assist in ensuring equity.
dezoksy [38]
Answer: Social Welfare

Hope this helped!
3 0
3 years ago
Which Finance career involves the stock market?
maria [59]

Answer:

A or D (i think!)

Explanation:

3 0
3 years ago
Read 2 more answers
Other questions:
  • JED Corp., an e-commerce company, has created a network that supports its supply chain management system. The network provides t
    15·1 answer
  • Shaw Company sells goods that cost $300,000 to Ricard Company for $410,000 on January 2, 2017. The sales price includes an insta
    13·1 answer
  • Domain name extensions occur _____ the period in the domain name.
    5·2 answers
  • Which statement best describes the circular flow model?
    10·2 answers
  • To encourage employee ownership of the company's common shares, KL Corp. permits any of its employees to buy shares directly fro
    6·1 answer
  • 23. In an interest rate swap between AAA who wants to convert fixed rate loan to floating-rate loan and BBB who wants to convert
    8·1 answer
  • Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels a
    15·2 answers
  • Are good oppurtunities always spotted quickly or they often left unrecognized ?
    14·2 answers
  • When a country imposes tariffs, it is likely to cause
    9·2 answers
  • Fixed costs that usually arise from annual spending decisions by management are called?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!