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
Yesterday, Michelin paid a dividend of $2.25 (D0). You are considering buy Michelin stock today. Your required rate of return fo
iren [92.7K]

Answer:

$39

Explanation:

The computation of the price per share by using the dividend discount model is shown below:

Price per share = (Next year dividend) ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $2.25 + $2.25 × 4%

= $2.25 + 0.09

= $2.34

And, the other would remain the same

So, the price per share is

= ($2.34) ÷ (10% - 4%)

= ($2.34) ÷ (6%)

= $39

4 0
3 years ago
1. Your best friend says they don’t think insurance is important. Explain to them why it is important to have insurance. How is
olasank [31]
Insurance is very important and acential it helps you when something big has happend it is your life support figurtivly speaking

well a will usually includes priceless items or valuable family airloms which is given to a relative or friend yes it is a great idea because people have something to rember you by and you thing have a great owner
3 0
3 years ago
A ship carrying rose folwer to France for valtines day was insured against lossess arising from accident . The ship reached the
alukav5142 [94]

Answer:

The insurance company is not liable because no accident happened. The flowers spoiled due to a failure in the transportation process, not due to an accident. The principle of insurance involved here is the principle of proximate cause (or nearest cause).

This principle states that the insurance company will only be liable for losses resulting from an event covered by the policy. The insured event that caused the loss must be the nearest cause of the loss. In this case it doesn't apply because the insured event was an accident and the proximate cause was an error in the transportation process.

7 0
3 years ago
When Southwest Airlines sends an e-mail to frequent-flier customers offering a special low price between selected cities if the
svet-max [94.6K]

Answer: A) direct marketing.

Explanation:

Direct marketing derives its name from the direct nature of communication it uses to communicate with customers. This means that in direct marketing, the entity advertising talks to the targets directly instead of having to go through a third party of sorts.

Southwest Airlines advertised its special offer to the intended targets directly via their email which makes this a direct marketing example.

7 0
3 years ago
An asset (not an automobile) placed in service in June 2019 has a depreciable basis of $35,000 and a recovery period of 5 years.
maw [93]

Answer:

$35,000

Explanation:

The Tax Cuts and Jobs Act increased the percentage of bonus depreciation for qualifying assets from 50% to 100% for those assets acquired and put into service between September 27, 2017 and January 1, 2023. If this asset qualifies for a bonus depreciation, then you can depreciate 100% during the first year. You can also use the bonus depreciation with a section 179 expensing in order to depreciate expensive assets, but the section 179 expensing comes first and then the bonus depreciation.

7 0
4 years ago
Other questions:
  • Nellie lumpkin, who suffered from dementia, was admitted to the picayune convalescent center, a nursing home. because of her men
    11·1 answer
  • Suppose the government has imposed a price ceiling on sale of laptop computers. Which of the following events could transform th
    10·1 answer
  • _____ planning is short-range, detailed planning that is based on long-range planning. It typically has a time frame that is les
    11·1 answer
  • Holmes Company produces a product that can be either sold as is or processed further. Holmes has already spent $52,000 to produc
    7·1 answer
  • While Eric is working in the fast-food restaurant, he does not want people to think of him as a "loser in a dead-end job." He wa
    12·1 answer
  • The accounting principle that guides accountants, when faced with a recognition dilemma, to choose the alternative that produces
    11·1 answer
  • One night, when henry got home and flipped on the light switch, the kitchen exploded leaving him severely injured. The explosion
    7·2 answers
  • Which of the following hazards is most dangerous for agricultural workers?
    13·2 answers
  • The current controllable margin for Henry Division is $48000. Its current operating assets are $300000. The division is consider
    14·1 answer
  • Question Content Area The journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system wo
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!