Most people think some marketing is a scam or fake deals.
Answer:
$2,500
Explanation:
since Sherry will receive at least $10,000 or 25% of the partnership's net income, then the guaranteed payment = $10,000 - ($30,000 x 25%) = $10,000 - $7,500 = $2,500
When partnerships include guaranteed minimum payments, he/she will receive that amount even if the partnership's net income is not high enough. If the partnership's net income would have been $40,000 or more, then there would be no guaranteed payment (= $40,000 x 25% = $10,000).
Answer:
C. contract with contingencies
Explanation:
Real estate contracts that contain contingencies or provisions that must be met before the real estate contract can be fulfilled are called contracts with contingencies. If this contingencies or provisions are not fully satisfied, the contact is null or void, e.g. the buyer will only proceed with the operation if the house passes the inspection.
This view is often called the "Selective Incorporation" Theory.
What is Selective Incorporation?
Selective Incorporation is a doctrine describing the ability of the federal government to prevent states from enacting laws that violate some of the basic constitutional rights of American citizens.
