Answer:
Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, andinvestment firm. Their agreement states that it is a breach of the agreement for any partner toassign his or her interest to a creditor without the consent of the other partners.Refer to Fact Pattern 27-3. The partners decide to dissolve Equity Lending. Duke collects anddistributes the firm's assets. This results in(A) nothing with respect to the firm's existence.(B) the continuation of the firm's business.(C) the termination of the firm's legal existence.(D) the temporary suspension of the firm's business.Answer : (C)57.Oliana is a partner in Pacific Traders. In the majority of states, with respect to any partnershipobligations that Oliana does not participate in, know about, or ratify, Oliana would be liable for58.Craig, Donna, and Eve do business as FastTrak Career Consultants. Eve's relationship toFasTrak ends, but the firm continues to do business. This is59.Brad and Carolyn are partners in Doctors for Children, a medical clinic. Brad's dissociation fromthe firm results i
Explanation:
yes sir
<span>A. </span>True. Based on the history of marijuana and other cannabis products, Marijuana was the number-one
cash crop in the united states prior to 1890. Marijuana is a depressant and does not contain nicotine. It is a schedule I controlled substance,
according to U.S. federal regulations where there is approximately 77%
of illicit drug users smoke marijuana. The use of marijuana for medicinal
purposes is illegal in the U.S but legal in Canada. The "reverse
tolerance" turns out to be due to variations in the manner in which the drug is ingested is one of the long-term effect of
Marijuana.
Answer:
Option D is the right answer. The company will conduct a personality test to select the right candidate.
Explanation:
The Glenap is an e-commerce organization, and they believe that organized and hardworking candidate is likely to succeed at the job and these skills cannot be developed through training. In order to assess the capability of a candidate to meet the deadlines and how hardworking a candidate is, the personality test is the right technique to pick the right person for the job.
Answer:
Oct 6 Cash 7344 Dr
Interest Revenue 144 Cr
Notes Receivable 7200 Cr
Explanation:
First we calculate the day on which notes receivable is due.
We start from July 9 as being our first day and in July there are 31 days so 31 - 8 = 23
In August there are 31 days.
In September there are 30 days.
So total days till september are 22+31+30 = 84
So the note is due to be received on October 6.
The amount of interest due is 7200 * 0.08 * 90/360 = $144
The entry to be passed on Oct 6 is a debit to cash for the amount of principal and interest (7200+144) and a credit to interest revenue of 144 and notes receivable of 7200
Question Completion:
Domestic Market for Steel, Alpha
Qs P Qd
60 5 10
40 4 20
30 3 30
20 2 40
10 1 50
Domestic Market for Steel, Beta
Qs P Qd
80 5 20
70 4 30
60 3 40
50 2 50
40 1 60
Answer:
Assuming that Alpha and Beta are the only two nations in the world, at the equilibrium world price:
Beta will export steel and Alpha will import steel.
Explanation:
a) Data and Calculations:
Domestic and World Market for Steel
Alpha Beta World Market
Qs P Qd Qs P Qd Qs P Qd
60 5 10 80 5 20 140 5 30
40 4 20 70 4 30 110 4 50
30 3 30 60 3 40 90 3 70
25 2.50 35 55 2.50 45 80 2.50 80
20 2 40 50 2 50 70 2 90
10 1 50 40 1 60 50 1 110
b) In the world market, equilibrium will occur at a price of $2.50, when the quantity supplied and demanded will be 80. At this equilibrium price of $2.50, Alpha will supply 25 units, and Beta will supply 55 units. Alpha will demand 35 units, and Beta will demand 45 units. This implies that Beta will supply more than its demand for steel, while Alpha will supply less. Therefore, Beta will export steel and Alpha will import steel.
