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kirill [66]
3 years ago
12

which of the following describes an important difference between general partnership and limited partnerships

Business
2 answers:
dexar [7]3 years ago
8 0
The main difference between a general partnership and a limited partnership is that "<span>A general partnership has unlimited liability for all partners while a limited partnership has limited liability." In addition, the liability of the personal assets in a general partnership is its obligation.</span>
mezya [45]3 years ago
7 0

Answer:

A general partnership has unlimited liability for all partners while a limited partnership has limited liability

Explanation:

Correct on a pex

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A corporate policy should never make a value statement about the environment or other social and political issues, because it is
AlekseyPX

Answer:

(a) true

Explanation:

A corporate policy should never make a value statement about the environment or other social and political issues, because it is doubtful the company can live up to the proclamation.

5 0
3 years ago
As a long-term investment at the beginning of the 2021 fiscal year, Florists International purchased 30% of Nursery Supplies Inc
jonny [76]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
6 0
3 years ago
The Larson and Gobeli study that compared projects that had been managed in a variety of structural types revealed that new prod
Gelneren [198K]

Answer:

Project organization.

Explanation:

The Erik W. Larson and David H. Gobeli study that compared projects that had been managed in a variety of structural types revealed that new product development projects tended to be most effectively executed when the organizational structure was a project organization.

3 0
3 years ago
Morgan Company uses the perpetual inventory system and the gross method of recording sales discounts. Morgan Company sold $60,00
o-na [289]

Answer:

$60,000

Explanation:

Given that

Sale value of the merchandise = $60,000

Credit terms =  2/10, n/30

The cost of the merchandise sold = $45,000

So by considering the above information

The amount which is credited to account receivable is $60,000 as under the gross method the sale is recorded at the actual value of the inventory sold without considering the discount adjustment

6 0
3 years ago
GDP or Gross Domestic Product is the sum total of all economic activity for a given year.
Rainbow [258]

Answer:

True

"GDP": Example

One city(City A) harvests 10 tomatoes produced from a local garden that are worth 3 dollars each to sell. Another city(City B) noticed city A's great farming skills, and decided to come to city A, and sell 6 of their freshly made toast for 4 dollars. The sum of city A and city B would be 54 dollars, which is regarding their economic activity and production. Therefore, the statement is true.

4 0
1 year ago
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