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konstantin123 [22]
3 years ago
10

Attorneys Arianna and Alexander share an office that has a sign reading: "A & A, a law firm." Their billing invoices have bo

th their names on them, and they deposit their earnings and cover the rent from the same account. They do not share profits or have any agreement to be partners. Dexter, a client of Arianna’s for the past two years, sues both Arianna and Alexander, alleging that Arianna committed malpractice.
a. If Dexter wins in court and is awarded $50,000 in damages, who is liable to him?
Business
1 answer:
Mamont248 [21]3 years ago
5 0

Answer: Both Arianna and Alexander

Explanation: This is a general partnership. In a general partnership, all partners are personally liable for all business debts. They do not need to have any agreement to be partners or register their partnership formally to enter into a general partnership. The fact that they share an office, have a joint sign and an account is sufficient to establish this form of partnership.

Also, in a general partnership, each partner is held severally liable, that is if  one of them is liable to pay a business debt and cannot afford to pay, the other partner has to.

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Beate Klingenberg manages a​ Poughkeepsie, New​ York, movie theater complex called Cinema 8. Each of the eight auditoriums plays
hichkok12 [17]

Answer:

A) 1.79

b) 71%

c) 0.75 minutes

d) 0.537 minutes

e) 0.343, 0.240 , 0.1681

Explanation:

L = average number of customers in the system ( 200 / 80 ) = 2.5

a = poission distribution per hour = 200

b = service rate of cashier = 280

A) average number of moviegoers waiting in line to purchase ticket

Lq = L - \frac{a}{b} = 2.5 - (200/280) = 2.5 - 0.71 = 1.79

B) percentage of cashier been busy

p = a/b = 0.71 = 71%

C) average time spent by a customer in the system

w = L / a = 2.5 / 200 = 0.0125 hours = 0.75 minutes

D) average time spent waiting in line to get to the ticket window ?

W2 = Lq / a = 1.79 / 200 = 0.00895 hours = 0.537 minutes

E) probabilities of people in the system

i) more than two people

p ( x ≥ 2 ) = 1 - ( p0 + p1 + p2 ) = 1 - 0.657 = 0.343

more than three people

ii) p ( x ≥ 3 ) = 1 - (p0 + p1 + p2 + p3 ) = 1 - 0.7599 = 0.240

iii) more than four people

p ( x ≥ 4 ) = 1 - ( p0 - p1 + p2 + p3 + p4 ) = 1 - 0.8319 = 0.1681

3 0
3 years ago
Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls,
Lelechka [254]

Answer:

1.33 walls

1 wall

Explanation:

Tradeoff is the opportunity cost of taking a particular decision

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

My doing he outlet, the opportunity to paint is forgone

Amy = 8/6 = 1.33

Bill = 5/5

3 0
3 years ago
Which of the command systems would be the most appropriate when there are six victims at a mvc?
Olin [163]

Singular command. In a motor vehicle accident with multiple victims, the scene will be chaotic and having a single, clear leader will best help resolve the situation.

5 0
4 years ago
A bank that has liabilities of $150 billion and a net worth of $20 billion must have:
Yakvenalex [24]
Had to look for the options and here is my answer. Given that the bank possesses a liability that is worth $150 billion and its net worth is only $20 billion, then this would mean that the bank must have ASSETS OF $170 BILLION. Hope this answers your question.
7 0
3 years ago
Identify five typical users of accounting information​
RUDIKE [14]

Answer:

Owners,and stockholders, directors,officers, internal departments

Explanation:

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