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8090 [49]
3 years ago
7

Transferable interest of a partner includes all of the following except: A. the partner's share of the profits and losses of the

partnership.B. the right to receive distributions.C. the right to receive any liquidating distribution.D. the authority to transact any of the partnership's business operations.
Business
1 answer:
kherson [118]3 years ago
8 0

Answer:

D. the authority to transact any of the partnership's business operations.

Explanation:

As with the sale of share or through any deed, all the monetary rights and benefits are transferable in partnership agreement.

As the person holding rights of such beneficial assets has his income as share, and his choice how to exercise such income, whether to use such income or distribute such benefit.

But when it comes to decision making the right is not transferable as the right will impact the partnership organisation also. And there is no assurance whether the new person holding rights will take decisions wisely.

Therefore, the correct option is:

Statement D

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the role of the SEC is to Protect investors. Maintain fair, orderly, and efficient markets.

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Tom and Jerry have two tasks to do all day: make dishes and build fences. If Tom spends all day making dishes, he will make 16 d
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Answer:

For Jerry, the opportunity cost of building a fence is not making 2 dishes.

Explanation:

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2 years ago
The government regulates financial markets for two main reasons: A. to ensure that financial intermediaries do not earn more tha
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Answer:

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Explanation:

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4 0
3 years ago
LO 8.5Identify several causes of a favorable material quantity variance.
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Answer:

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2. The use of unskilled labour

3.  Wastage of material

Explanation:

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