All categories

3 years ago

___________is a partnership Is also called the articles of incorporation.

Business

1 answer:

nadya68 [22]3 years ago

6 0

Answer:

Explanation:

here is the correct question :

A partnership agreement:

A. Is not binding unless it is in writing.

B. Is the same as a limited liability partnership.

C. Is binding even if it is not in writing.

D. Does not generally address the issue of the rights and duties of the partners.

E. Is also called the articles of incorporation.

A partnership agreement is a contract between partners in a partnership. it contains guidelines on the relationship between the partners and responsibilities of partners. the partnership agreement creates legally binding relationships among the partners

You might be interested in

How do facilitators ensure that a group works together effectively? Check all that apply.

umka21 [38]

Answer:

They organize the way a group meeting will run.

They guide discussion so that everyone contributes equally.

They resolve conflicts and make sure all opinions are heard.

Explanation:

8 0

3 years ago

Read 2 more answers

Park Corporation is planning to issue bonds with a face value of $750,000 and a coupon rate of 7.5 percent. The bonds mature in

nignag [31]

Answer:

Debit cash with $750,000; and credit Bond payable also with $750,000.

Explanation:

The journal entry will appear as follows:

Date Details Dr ($) Cr ($) 

Jan. 1 Cash 750,000

Bond Payable 750,000

To record the issuance of bond.

5 0

3 years ago

Chester Corp. ended the year carrying $21,490,000 worth of inventory. Had they sold their entire inventory at their current pric

Readme [11.4K]

Answer: $21,490,000

Explanation:

Contribution Margin is simply the Sales less the value of variable costs.

If the inventory had been sold in its entirety, it would have added its value to the sales which means that sales would have increased by the value of the inventory which is $21,490,000.

4 0

3 years ago

________________ focuses on explaining the differences between planned and actual contribution margins. a.Contribution margin an

Usimov [2.4K]

Answer: A.) Contribution Margin analysis

Explanation: The contribution margin analysis could be explained as an analytical tool in accounting which helps managers in observing variation or differences in the budgeted and actual contribution margin of a product. The contribution margin is used to determine the revenue made on a product after deducting the fixed cost incurred in it's production. It is also used to evaluate the performance of individual product derived from the amount of residual profit after deducting necessary production cost.

5 0

3 years ago

RedInk, a company that manufactures office furniture, is based in Bodonia. It is looking to sell its current products in other c

Fynjy0 [20]

Answer: Market development

Explanation: In simple words, it refers to a strategy under which an organisation tries to identify and develop a new customer base for their current products.

In the given case, Red ink is trying to advantage of the similar culture in Soleria so that they can sell their existing product in a new market.

Hence from the above we can conclude that this is an example of market development.

5 0

3 years ago