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s344n2d4d5 [400]
3 years ago
6

Cindy was a limited partner in the jkl limited partnership. because of her expertise in this type of business, cindy was asked t

o take care of day-to- day operations of the partnership. jkl had two primary creditors, smith supply co. and jones discount. smith knew that cindy was a limited partner, but jones thought that cindy was a general partner. due to unforeseen economic conditions, jkl went bankrupt owing both smith and jones large amounts of money. both smith and jones sue cindy as a general partner. to what extent is cindy liable to them?
Business
1 answer:
TiliK225 [7]3 years ago
6 0

<span>Even though Cindy participated in the day-to-day operations of the partnership, she is liable as a general partner only to Jones. This is because Jones knew that Cindy was a general partner. She cannot be liable to Smith as Smith knew she was a limited partner</span>

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One advantage of random assignment is that it minimizes preexisting differences between the experimental group and the control g
prohojiy [21]
I think this is a true or false question 
The above statement is true. 
As we can see that there are always some sort of affinity among people some have highly positive towards some and negative towards others so they will try to group up with the ones they like but this would always lead to dissatisfaction of some people in group as they will feel unfair as they are not in group they wanted but in random assignment no one has control so even if they are unsatisfied they cant blame it on others. So there are lesser differences
7 0
3 years ago
What is the effect on the money supply when you transfer $150,000 from your checking account to your savings account?
Lina20 [59]

Answer:

Decrease in M1; No effect on M2

Explanation:

Monetary aggregates is as follows:

M1 consists of:

= Currency with the public + Checking/Demand deposits + Other deposits with the RBI

M2 consists of:

= M1 + Post office savings account deposits

Effect on M1:

If a person transfer money from checking account to savings account, so there is a fall in M1 because the amount in checking account is reduced.

Effect on M2:

If a person transfer money from checking account to savings account, then there is a fall in checking account and at the same time  there is a rise in the savings account. M1 is a component of M2.

Therefore, there will be no effect on M2.

3 0
3 years ago
Using the indirect method (statement of cash flows), a gain from the sale of equipment would: A) be subtracted from net income B
eimsori [14]

Answer:

The correct answer is A) be subtracted from net income

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income.

A gain from the sale of equipment is subtracted from net income

7 0
3 years ago
A firm is considering moving from the United States to Mexico. The firm pays its U.S. workers $30.00 per hour. Currently, U.S. w
Rama09 [41]

Answer: $6.00

Explanation:

From the question, we can see that the productivity in the United States is (45/9) = 5 times higher than that of Mexico.

Therefore, the wages in Mexico should be 5 times lower than the wages paid to the workers in the United States. This will be:

= $30.00 / 5

= $6.00

Therefore, in order for the firm to reduce its wage cost per unit of output by moving to Mexico, the wages in Mexico must be below $6.00 per hour.

4 0
3 years ago
Tyrone found a job posting for a customer service coordinator. Which of his experiences should he include on his résumé to demon
kvasek [131]

Answer:

The correct answer is letter "A": handle calls for the computer helpdesk personnel during heavy call times.

Explanation:

Customer service positions require employees to handle many different types of problematic cases in a given working day. Representatives must be willing to deal with frustrated customers who may be claiming for something fair as well as for things that the company you work in is not responsible for.

In that case, Tyrone should include his computer helpdesk experience since it is closely similar to the customer service coordinator position he is applying for.

4 0
3 years ago
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