Answer:
The answer is: A) Ms. Harper has unlimited liability, which means creditors can claim against her personal assets.
Explanation:
One of the most important characteristic of a partnership is unlimited liability. That means that in case the partnerships goes bankrupt, the partners are responsible for paying the partnership´s debt even with their own personal assets.
If one partner doesn´t have enough assets to meet his share of the debt, the other partner (or partners) can be held liable for the unpaid debt.
Answer:
$68,000
Explanation:
The costs of goods sold ( COGS)is calculated as follows.
COGS = opening stock + Purchases - Closing stock
This was the first month of operation; hence there was opening stock.
The material used to produce 5000 units were
Direct materials $15,000 + Direct Labor $30,000 + Manufacturing overhead $40,000 = $85,000
The cost per units = $85,000 /5000 units
=$17 per units
4000 units were sold, the COGS
=$17 x 4000
=$68,000
Yes it’s right the she was like oh wow yeah lol yeah bc she doesn’t like it she’s just like her she just doesn’t
<span>These are examples of an outside lobbying strategy. Instead of working within the system, the lobbyist turns to help from the outside, usually meaning the public and the media. By involving the public in lawmaking, the lobbyist is likely to gain increased cooperation- and as a result, votes- because the people feel like they are in control of their future.</span>
Answer:
The answer is: NO
Explanation:
In order for a contract to exist, consideration must be present. Consideration is the benefit bargained between the two parties in a contract. Consideration is considered the main reason of why a contract exists.
Consideration doesn't exist in this case, since Frank didn't exchange anything in order to get the $500. His boss offered the money for his past performance, but past consideration doesn't create a new contract. In the past he sold cellphones and his boss already paid him for doing so.