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
SSSSS [86.1K]
3 years ago
5

Kristen and her brothers and sisters decided to form a partnership that specializes in home design of all types. One of their go

als is to maintain the loving relationship they currently enjoy, so they are following the Model Business Corporation Act recommendations as they write the partnership agreement. Which of the following is an accurate recommendation of the Act?A. The business should be actively operating for an extended period before the partners decide who is responsible for what business functions.B. Family businesses never take on outside partners, so no discussion of this need should take place.C. There should be discussion and well understood ways that the partners will handle disagreements and have a written exit strategy.
Business
1 answer:
sattari [20]3 years ago
3 0

Answer:

The correct answer is letter "C": There should be discussion and well understood ways that the partners will handle disagreements and have a written exit strategy.

Explanation:

The Model Business Corporation Act (<em>MBCA</em>) is a set of laws meant to regulate business practices. The Act or at least part of it is accepted by every state of the U.S. The MBCA goes over different topics related to the establishment of a corporation such as the steps related to creating the firm, the liability and its effects, corporate management structure and good practices to avoid internal misunderstandings.

You might be interested in
What is 1,000 yen in the usa
Ostrovityanka [42]
Still 1000 yen it’s just in the united states of america now
3 0
3 years ago
Which of the following is true of the Discount on Bonds Payable account? The bonds are due inten years.A) It is subtracted from
Aliun [14]

Answer:

A) It is subtracted from the Bonds Payable balance and shown with long-term liabilities on the balance sheet

Explanation:

The discount on Bonds payable, as their name implies, decrease the Bonds Payable carrying value. A bond with discounts, was issued at a lower price than his face value. The discount on bonds represent that difference.

It takes amortization while the time past, until at maturity, their balance is zero, to represent the reality, the obligation for the company is for the face value, so the carrying value of bonds payable should equal the face value.

Last, because the bonds are due in ten-year their place is the long-term liabilities. As their obligation are not within the 12 month period to qualify as short-term

8 0
3 years ago
The oviedo thespians are planning to present performances of their florida revue on 2 consecutive nights in january. it will cos
bagirrra123 [75]
<span>For 2 nights cost is $10,000 for theater rental, insurance, and musicians. 10% of $10,000 is $1000 that goes to theater if $10,000 worth of ticket is sold, which is to break even. Now the break even cost is $10,000+$1000= $11,000. Cost of one ticket is $10, to break even the total cost, number of tickets that must sell is $11,000 divided by $10, which is 1100 tickets. 1100 tickets must sell in total for two nights to break even.</span>
7 0
3 years ago
1. Which of the following questions would be permissible to ask during an interview with a candidate who
Marina CMI [18]

Answer:

I would say the first one

Explanation:

beacuse you do need to know if there is anything that could be hard for them to do and make it where they cant do there job it also might depnd on the job of what you would ask them but I would say the fist one so it gets to the point and isent rude hope this helps :)

7 0
3 years ago
Read 2 more answers
Definition of a stakeholder
MatroZZZ [7]
1.
(in gambling) an independent party with whom each of those who make a wager deposits the money or counters wagered.
2.
a person with an interest or concern in something, especially a business.
6 0
3 years ago
Other questions:
  • In the US, public insurers such as Medicare are forbidden by law from applying formal health technology assessments - and in par
    9·1 answer
  • The New Fund had average daily assets of $2.2 billion in the past year. If New Fund’s expense ratio was 1.1% and the management
    9·1 answer
  • 1. Discuss the following statement: "Corporations are not really run by their owners."
    11·1 answer
  • The net income reported on the income statement for the current year was $240,000. Depreciation was $52,000. Accounts receivable
    9·1 answer
  • On January 1, Year 7, Colorado Corp. purchased a machine having an estimated useful life of 8 years and no salvage value. The ma
    7·1 answer
  • Mary purchased a 10-year par value bond with semiannual coupons at a nominal annual rate of 4% convertible semiannually at a pri
    5·1 answer
  • ♡
    11·2 answers
  • Ana is trying to finish an account analysis for a client, but she's missing data. She e-mails Claire in database administration
    10·1 answer
  • Walberg Associates, antique dealers, purchased the contents of an estate for $75,000. Terms of the purchase were FOB shipping po
    10·1 answer
  • Which information would most likely cause a company's stock price to go
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!