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jonny [76]
2 years ago
13

Eduardo and Larson enter into a partnership agreement to sell gourmet dog biscuits, but they do not specify how long it will las

t. Consequently, it will end: From the list below, which is NOT an ordinary right of partners in a general partnership?
Business
1 answer:
aleksley [76]2 years ago
8 0

Answer:

Eduardo and Larson enter into a partnership agreement to sell gourmet dog biscuits, but they do not specify how long it will last. Consequently, it will end: <u>whenever Eduardo, Larson or both of them decide to end it. </u>

From the list below, which is NOT an ordinary right of partners in a general partnership?

  • management
  • <u>dividends</u>
  • representation
  • joint ownership

Partnerships do not distribute dividends, only corporations distribute dividends. Partners are pass-through entities, that means that they are not taxed, the partners are taxed.

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Answer:

The correct answer is A) the role of the government should be limited, since the market will always be self-correcting.

Explanation:

Principle of minimum state intervention, free market or laissez faire: at least government, the best, economic processes were considered as capable of self-regulation, in other words, economic forces themselves will direct production, exchange and consumption to Its most efficient level. State action must be confined to enforcing individual rights (especially property rights), providing national defense and some public services of general interest (justice, some types of education, etc.).

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3 years ago
Each of the statements below are true about inflation EXCEPT
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5 0
3 years ago
Over the first four years of the company's life, the company earned the following net income (loss): S $3,000; $6,000, and ($2,0
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Answer:

The answer is D.

Explanation:

Total earnings in 4 years

= 6000 + 3000 + 6000 - 2000

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= $3,000

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5 0
3 years ago
On January 1, 2020, Levy Company issues 100 x 5% bonds with a face value of $1500, The bonds mature on December 31, 2030 and pay
JulsSmile [24]

Answer:

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Explanation:

Calculation for the amount of Cash raised for the Levy Company

Using this formula

Cash raised for Levy Company = Number of Bonds * Face value of the Bond

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8 0
2 years ago
Which costs are correlated with the firm’s sales and include the costs of labor, raw materials, and sales commissions?
Llana [10]

Answer:

The correct answer is letter "B": direct.

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6 0
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