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Ad libitum [116K]
3 years ago
8

Landrum voluntarily assigns his transferable interest in a partnership to McClendon. This act does not by itself result in the d

issolution of the partnership, nor does it result in McClendon’s being entitled to participate in the management of the partnership business.A. TrueB. False
Business
1 answer:
butalik [34]3 years ago
3 0

Answer:

B) False

Explanation:

If a partner transfers his partnership stake to a third party, that act by itself does not result in the dissolution of the partnership. If the other partners agree, McClendon will become a new partner and is entitled to participate in the management of the business, as all other partners are.

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List two reasons why someone looking at a career in the Energy cluster might want to focus on new technology, such as energy-eff
borishaifa [10]

Answer:

Explanation: two reasons for why someone looking at a career in the Energy cluster might want to focus on new technology, such as energy-efficient products or sustainable energy; Energy efficient technologies are now found in most energy conversion chains.Mar 9, 2020

7 0
3 years ago
A customer's restricted margin account shows the following: LMV $30,000 DB $16,000 SMA $0 If the customer sells $2,000 of securi
strojnjashka [21]

Answer: $1000

Explanation:

From the question, we are informed that a customer's restricted margin account shows the following: LMV $30,000 DB $16,000 SMA $0 If the customer sells $2,000 of securities.

Based on the above analysis, the customer can only withdraw $1000. This is because since $2000 worth of securities are sold, half of it which is $1000 will be credited to SMA which is the withdrawable amount.

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4 years ago
Customer: your product is priced too high! salesperson: i understand you are concerned about the value of the product. this is a
shepuryov [24]
C. Restate the objection. Exchanging "price" for "value". 
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4 years ago
ABC sells 28 units for $50 each on December 15. Of the units sold, 14 are from the December 7 purchase and 14 are from the Decem
LekaFEV [45]

Answer:

Closing inventory based on Specific IDENTIFICATION

7 Dec purchase ( 20-16) = 4 * $16 = $64

14 Dec purchase ( 35 -14) = 21*$24 = $504

21 Dec purchase            30*$29 = $870

                    closing inventory  31 Dec                                 <u>= $1438</u>

Explanation:

The question is incomplete but here is a complete one

Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 30 units for $40 each.

 

Purchases on December 7 20 units @ $16.00 cost  

Purchases on December 14 35 units @ $24.00 cost

Purchases on December 21 30 units @ $29.00 cost

Required:

Monson sells 30 units for $40 each on December 15. Of the units sold, 16 are from the December 7 purchase and 14 are from the December 14 purchase. Monson uses a perpetual inventory system. Determine the costs assigned to the December 31 ending inventory when costs are assigned based on specific identification.

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3 years ago
Three salesmen worked for Sentient Jet, a small luxury airline charter service. They signed a noncompete agreement, promising no
AVprozaik [17]

Answer:

For this situation, the choices ought to be against the three workers. This is principally because of the way that the inability to execute the understanding will bring about the hopeless damage which can be looked by the previous managers. The odds of a material change any inconclusive time later on doesn't bring about any sort of material change.  

Simultaneously, if there is an adjustment in the administration of the association, it doesn't bring about any sort of material change which can be used by somebody in that reality that the contract not to contend was revoked.

6 0
3 years ago
Read 2 more answers
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