The Incas had a centrally planned economy, perhaps the most successful ever seen. Its success was in the efficient management of labor and the administration of resources they collected as tribute. Economic exchanges were made using the barter system by which people traded with each other for things they needed.
<span>These fall under intellectual property
rights: copyrights trademarks Patents.
Piracy is considered a crime and intangible assets does not fall into this
category. When we speak of intellectual property rights it could be industrial
property and it could be connected to copyrights.</span>
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Answer:
A. is not permissible and constitutes a breach of the partnership agreement.
Explanation:
Jack and Jill are equal partners in a bottled water partnership. The partnership is specifically limited to an eighteen-month term in order to give Jack and Jill time to fully develop their business. Jack withdrawal from the partnership after twelve months is not permissible and constitutes a breach of the partnership agreement.
This is so because the partnership agreement is limited to an eighteen-month term which had been consented to by Jack. So Jack withdrawal from the partnership is null and void.