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S_A_V [24]
3 years ago
8

According to the Uniform Partnership Act, the three key elements of any general partnership are

Business
1 answer:
Anon25 [30]3 years ago
4 0

Answer:

(2) Common ownership, shared profits and losses, and right to participate in managing the operations.

Explanation:

Partnership refers to a mutual agreement between 2 or more individuals agreeing to carry out a business and to share it's profits and losses in an agreed ratio or as per the clauses in partnership deed.

Uniform partnership act regulates partnership agreements in majority of United States. The act also allows remaining partners after dissolution to continue the partnership if majority of them desire to do so.

Under the act, Partnership is characterized by common ownership of assets and liabilities by all partners, sharing of partnership profits and losses and equal rights to participate in managing the operations of the partnership.

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Which of the following systems would you use to determine which trends in your supplier's industry will affect your firm the mos
irakobra [83]

Answer:

ESS

Explanation:

Management support system are computer based system that are used by managers in carrying out their functions.It consists of Executive support system , Decision support system ,Expert system.

Executive support system is an arm of MSS that facilitates and assist seniors executive information and decision making needs.

It is an intermediary between internal and external information in connection to the organization goal.

8 0
3 years ago
Suppose that the public holds 50% of the money supply in currency and the reserve requirement is 20%. Banks hold no excess reser
astra-53 [7]

Answer: $2,400; $2,400

Explanation:

If a deposit of $6,000 is made, the reserve requirement is 20% so the bank will have to reserve this amount of:

= 6,000 * 20%

= $1,200

The bank will be left with:

= 6,000 - 1,200

= $4,800

The bank lends all of this out.

The public holds 50% of the currency so they will keep:

= 50% * 4,800

= $2,400

The rest - which is $2,400 - will be deposited as checkable deposits.

4 0
2 years ago
During the middle years of last decade, the exchange rate of the U.S. dollar has declined against the currencies of its major tr
Aleks04 [339]

Answer:

Because there are other factors that influence the weakening or strengthening of the dollar, not just the dollar exchange rate in relation to the exchange rates of other countries' currencies.

Explanation:

Although the United States has registered increases in the trade deficit, that is, when the country imports more goods and services from abroad than it exports, there are other factors that determine whether the country's currency is valued or not. In the case of the dollar, its value has not decreased despite the fall in the exchange rate of the dollar in relation to the currencies of its main trading partners due to the fact that the dollar is the main reserve currency in the world, which means that the dollar is the fashion of commercial transaction in the world, therefore its value is not lost in relation to other currencies, since several important transactions in the world such as gold and oil commodities are traded in dollars.

There is also the fact that the US attracts a lot of international investment for US Treasury bills, which helps to strengthen the dollar.

6 0
3 years ago
Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $42.50. At the end of year 1
kkurt [141]

Answer:

17.76%

Explanation:

The computation of the time-weighted return on your investment is given below

But before that we have to do the following calculations

Year 1 = ($46.50 - $42.50) + 2 ÷ ($42.50) × 100 = 14.12%

Year 2 = ($54.50 - $46.50) + 2 ÷ ($46.50) × 100 = 21.51%

Now the time weighted return is

(1 + t)^2 = (1 + 14.12%) × (1 + 21.51%)

= 1.1412 × 1.2151

= √1.3867 - 1

= 17.76%

8 0
2 years ago
What type of research involves identifying key product characteristics that become selling​ points? For​ example, the marketing
Trava [24]

Answer:

<em>Product-Specific Research</em>

Explanation:

Product research <em>is an essential part of the development of new products. Analysis will help you determine important issues at every stage of the process and avoid costly errors.</em>

Testing a prototype will help you to reject uncompromising concepts, allowing you to focus money and time commitment on goods with the best chance of commercial success.

Product-Specific Research includes finding key product features that are selling points. Sells the benefit that the product provides.

8 0
2 years ago
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