Answer:
Farming Art Inc. should deposit $284.42
Explanation:
Giving the following information:
Framing Art Inc. will need to purchase two new cashier machines in 2 years, for $148 each. A savings account pays 2% per year compounded quarterly.
Total cost=148*2= $296
To calculate the monetary value to deposit today, we need to use the following formula:
PV= FV/(1+i)^n
FV= 296
i= 0.02/4= 0.005
n=2*4= 8
PV= 296/1.005^8= $284.42
It is true that a standing bill been passed
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Most workers recieve on the job training to learn what they need to know.</span>
Answer:
Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Explanation:
What is Partnership
Partnership is a form of business, where individuals come together to carry on business with the primary intention of making profit. Mostly, they come together by contributing capital and expertise to make the business work . Every partner is however liable and responsible for both the profit made and the losses or liabilities of the partnership.
Although the general partner has unlimited liability, every partner is however jointly and severely liable for the business
Were Summemour and Hatcher Liable?
This case is referred in the J.T. Turner Construction Company v. Summerour and Hatcher(2009). The court this case declared that both Hatcher and Summemour were jointly and severally liable as a result of the following reasons.
A partner becomes liable especially for a prior judgment based on the following
1. The partnership has proven indebtedness
2. A general partner in the partnership was sued to court
Based on these, Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
A free trade agreement or treaty is a multinational agreement according to international law to form a free-trade area between the cooperating states
