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Cloud [144]
3 years ago
9

In a limited liability partnership (LLP)

Business
1 answer:
sladkih [1.3K]3 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
Indirect channels for consumer goods
Komok [63]

Answer:

The most indirect channel you can use (Producer/manufacturer –> agent –> wholesaler –> retailer –> consumer) is used when there are many small manufacturers and many small retailers and an agent is used to help coordinate a large supply of the product.

8 0
3 years ago
Despite potential benefits the disadvantages of a matrix structure include which of the following
SVEN [57.7K]

There are different disadvantage of a matrix organizational structure. Despite potential benefits, the disadvantages of a matrix structure is that;

  • There seems to be a potential for interpersonal conflict with team members and also with the leaders.

<h3>A matrix organizational structure </h3>

  • A matrix organizational structure is known to be a type of struct that allows a lot of departments to quickly communicate and work together on a project.

A disadvantage of a this organizational structure is that its members of a specific project team in this matrix organization structure often have a two reporting relationship, which can lead to anxiety and conflict over work set up.

Learn more about matrix organizational structure from

brainly.com/question/7437866

6 0
2 years ago
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000.
Ostrovityanka [42]

Answer:

Depreciation Expense = $16900

Explanation:

Using the units of production method. I will get the value of depreciation expense for the year 2. The units of production method calculate the value of depreciation using the formula is given below.

Depreciation expense = (Cost - Salvage value) / Total Units of Products x Units of production in second year.

Depreciation expense = ($87000 - $7000) / 400000 x 84500 = $16900

Wickland company will charge depreciation expense of $16900 using the Units of production method as during the second year of Wickland company depreciation expense is $16900.

7 0
3 years ago
14. Explain why a free market and laissez-faire are opposites of socialism. (free market,
shusha [124]

Free market and laissez-faire are opposite for socialism as this type of market is free from the government control.

Explanation:

The free market and laissez-faire  are the type of market in which government has no control. The decision of what t produce, how to produce, how much to produce and other decisions like price are decided by the producers itself only.

This type of market is opposite for socialism as the motive of this market is to profit maximization and not social welfare as it is out of from government control.

7 0
2 years ago
Is your place of work a business or a non profit organization ?
bixtya [17]

Answer:

my place of work is a business

3 0
3 years ago
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