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xenn [34]
3 years ago
14

An owner who is active in managing the company, and who has unlimited liability for claims against the firm is a(n) ___________

partner." add period at end of this sentence.
Business
1 answer:
Law Incorporation [45]3 years ago
6 0

An owner who is active in managing the company, and who has unlimited liability for claims against the firm is a "general" partner.

A general partnership, the essential type of association under common law is a course of action by which at least two people consent to partake in all advantages, benefits and monetary and legitimate liabilities of a business. Such partners have boundless liability, which implies their own assets are at risk to the partnership's commitments.  

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Which accountants-only tool enables you to categorize a couple of transactions or a large batch of transactions in only a few cl
Paha777 [63]

Answer: Reclassify Transactions

Explanation:

The accountants-only tool that enables one to be able to categorize a couple of transactions or a large batch of transactions in only a few clicks is referred to as the reclassify transactions.

In order to reclassify transactions, one has to find the transactions that the accountant wants to reclassify first, after which the transactions would then be reclassified and then moved.

6 0
3 years ago
A bank is being told that their loan portfolio is too risky. Which is the best action the bank can take to correct this situatio
balandron [24]

Answer:you would make an agreement on what the best thing to do is, which would go for a middle price, and get more money, and then go for thr other half, and if it is too risky then you could do an agreement where you would work the money off by working for them to earn more money, and then you can do the loan

Explanation:

3 0
3 years ago
Read 2 more answers
When the labor market is doing very well and jobs are easy to get, we would expect:
DochEvi [55]

Answer:

A. The labor force to increase as previously discouraged workers re-entered the labor force.

Explanation:

When the labor market is doing very well and jobs are easy to get, we would expect the labor force to increase as previously discouraged workers re-entered the labor force.

This ultimately implies that, when the labor market is performing exceptionally or excellently and the unemployment rate is very low because people are able to secure employment easily, there would be a significant increase in the number of people employed and as such leading to an increase in the labor force as more people would be motivated to join the labor force.

Hence, an optimal and efficient economy is one that is characterized mainly by a low unemployment rate with previously discouraged workers being motivated to come back into the labor force.

6 0
3 years ago
The owner s equity division should contain what account(s)?
kotykmax [81]
The owner's equity division should contain a) 31 P. Woodsley Capital.

The statement of owner's equity includes the capital and the changes that affects the capital like additional contribution, net income, withdrawals, and expenses.

Additional contribution and net income increases the value of the owner's equity.

Withdrawal and expenses decreases the value of the owner's equity.
5 0
3 years ago
Consider a small economy composed of six people: Yakov, Ana, Charles, Dina, Juanita, and Gilberto. Each person's employment stat
ioda

Answer:

A.Yakov is a 20-year-old professional tennis player. When he's not competing, he works as a coach at a local tennis club.  EMPLOYED

B.Ana is a 42-year-old autoworker who was just laid off by her employer. She is trying to find any kind of job to help make ends meet.  EMPLOYED

C.Charles is a 41-year-old graphic designer who is taking 2 years off from work to care for his small daughter.  NOT IN THE LABOR FORCE

D.Juanita is a 29-year-old who lost her job as an associate producer for a radio station. After spending a few weeks out of work and interviewing for several other positions,she gave up on her job search and decided to go back to grad school. She made that decision a few months ago.  NOT IN THE LABOR FORCE

E.Gilberto is a famous novelist. He is spending the summer at his lake house in upstate New York, doing a little writing each day but mostly spending his time gardening and reading. EMPLOYED

F.Dina is a 10-year-old student at Southside Middle School. She baby-sits her younger sister and does other chores for which her parents give her an allowance of $20 per week.  NOT IN ADULT POPULATION

Explanation:

To be considered unemployed, a person must be out of a job for more than 4 weeks and be actively seeking for a job. The labor force includes all the people over age 16 that are willing and able to work.

4 0
3 years ago
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