Answer: TRUE
Explanation: In case of partnership, the owner and business are not considered to be separate legal entity. Thus, if a partner leaves the company whether willingly or unwillingly as in case of death, the existing agreement dissolves.
In such a case, the remaining partners calculate if there is any obligation on the entity to pay to the old partner or some share that the old partner is liable to pay to the firm.
After such considerations a new partnership agreement is formed by the remaining partners.
Answer:
B. Pass the vision exam at the FLHSMV. I believe this is the correct answer.
Explanation:
Answer: Experiencing declining production capacity because net investment is negative
Explanation:
Investment in a country includes capital Expenditure such as buildings, roads, inventory and etcetera which contribute to the production capacity of the Nation.
Net Investment is calculated by subtracting Depreciation from the Gross Private Domestic Investment. When Net Investment is negative, it means that the Production capacity of the nation is weakened and declining because the Investment available is not able to produce as much.
In the country described, the Net Investment is,
= Gross Private Domestic Investment - Consumption of Fixed Capital (Depreciation)
= 46 - 52
= -$6 billion
The Net Investment for this Economy is negative showing a declining production capacity.
B, sole proprietor. It couldn't be the others.
