Answer:
The correct answer is letter "A": Non-controlling interest in net income is reported as an expense on the income statement.
Explanation:
Non-controlling interest (NCI) is any percentage of ownership that is less than 50% of a company's voting equity. Theoretically, the non-controlling interest lacks power and control while influencing business management or operation. The NCI excess income is usually posted to a goodwill account in the consolidated financial statements. Over time, goodwill is amortized into an expense account.
North Africa has vast oil and natural gas deposits, the Sahara holds the most strategic nuclear ore, and resources such as coltan, gold, and copper, among many others, are abundant on the continent. The region is full of promise and untapped riches - from oil and minerals...
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I believe the answer is: B. <span>It denies enforceability to certain contracts that are not in writing
Statute of frauds stated that to be legally binding, an agreement should be materialized in a contract that filled with a specific obligation that must be met by each party under the circumstances that they both agreed on. If this writing do not exist, technically we wouldn't have any ground to sue if the other party failed to fulfill the obligation.</span>
Answer:
c. Is personally liable for partnership debts.
Explanation:
This is the statement that best describes a general partnership. A general partnership is a financial arrangement in which two or more individuals agree to share assets, profits and liabilities. Therefore, a general partner would be liable for partnership debts. Moreover, these liabilities are unlimited (not capped) and can be paid through the seizure of the partner's assets.
The answer is "the social-conflict approach".
The social conflict approach is a way to deal with social theory that contends that society is described by different disparities and clashes that reason individuals to act socially, delivering change.
Society, according to the social conflict approach, isn't amicable. It's not steady. Society doesn't create agreeable balance. Truth be told, it's overflowing with imbalance. So this methodology is extremely about investigating imbalances of race, class, sexual orientation, and ethnicity, and the social clashes which result. Basically, these contentions will result in change, changes that will move society.
