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ElenaW [278]
4 years ago
15

Fact Pattern 16-2 Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, and investment fi

rm. Their agreement states that it is a breach of the agreement for any partner to assign his or her interest to a creditor without the consent of the other partners. The partners decide to dissolve Equity Lending. Duke collects and distributes the firm's assets. This results in​ Select one: a. ​the temporary suspension of the firm's business. b. ​the termination of the firm's legal existence. c. ​nothing with respect to the firm's existence. d. ​the continuation of the firm's business.
Business
1 answer:
professor190 [17]4 years ago
3 0

Answer:

Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, andinvestment firm. Their agreement states that it is a breach of the agreement for any partner toassign his or her interest to a creditor without the consent of the other partners.Refer to Fact Pattern 27-3. The partners decide to dissolve Equity Lending. Duke collects anddistributes the firm's assets. This results in(A) nothing with respect to the firm's existence.(B) the continuation of the firm's business.(C) the termination of the firm's legal existence.(D) the temporary suspension of the firm's business.Answer : (C)57.Oliana is a partner in Pacific Traders. In the majority of states, with respect to any partnershipobligations that Oliana does not participate in, know about, or ratify, Oliana would be liable for58.Craig, Donna, and Eve do business as FastTrak Career Consultants. Eve's relationship toFasTrak ends, but the firm continues to do business. This is59.Brad and Carolyn are partners in Doctors for Children, a medical clinic. Brad's dissociation fromthe firm results i

Explanation:

yes sir

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If a 30% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for
Aleks04 [339]

Answer:

The correct answer is: Zero, Option c.

Explanation:

The price elasticity of demand shows the change in the quantity demanded of a commodity due to a change in the price of the commodity.  

The cross-price elasticity is the change in the quantity demanded of a product because of a change in the price of related good.  

The cross-price elasticity is calculated by finding the ratio of proportionate change in quantity demanded and proportionate change in price.  

Cross-price elasticity in this situation will be

= \frac{\% \Delta Qy}{\% \Delta Px}

= \frac{0}{30}

= 0

The cross-price elasticity is zero. This implies that the two goods have no relation.

5 0
4 years ago
A reason to establish internal control is to A. Provide reasonable assurance that the objectives of the organization are achieve
sweet [91]

Answer:   D. Safeguard the resources of the organization.

Explanation:

The functions of internal controls are

  • to minimize risks
  • to protect assets
  • to ensure accuracy of records
  • to promote operational efficiency
  • to encourage adherence to policies, rules, regulations, and laws.c

The reason to establish internal control is to assist safeguard an organization and its objectives.

Hence, the correct option is D.

7 0
3 years ago
Question 4
joja [24]

Answer:

false

Explanation:

4 0
3 years ago
Identify the correct era of the various developments described below.
aleksley [76]

Answer:

1. Pre-industrial

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Pre-industrial advertising involved the first ads in English as well as extensive use of symbols and words as there was no multimedia to use voice.

2. Industrial

  • Unique selling proposition

3. Global Interactive

  • DVRs and narrowcasting

The current era. Marketing and advertising have moved on to target smaller groups with more relevant information for them. This is narrowcasting.

4. Industrializing

  • Marketing by wholesalers

With the rise in technology, more goods were made but advertising was still at early stages. This led to wholesalers doing their own advertising.

5. Postindustrial

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The era before the current one. Advertisers started learning to influence audiences more and demarketing came along. This is advertising aimed at making consumers buy less of a product. It is usually done when products are in short supply.

7 0
4 years ago
How does brainstorming improve the final product
sveta [45]
It gives you more ideas to make the final product better than what it original product
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4 years ago
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