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valkas [14]
3 years ago
11

What will happen if business partners fail to establish articles of partnership?

Business
2 answers:
Soloha48 [4]3 years ago
6 0

Answer:

They will fall under the Uniform Partnership Act.

Explanation:

Natasha_Volkova [10]3 years ago
3 0
<span>If business partners fail to establish articles of partnership they will fall under the Uniform </span>Partnership Act. 

This Act serves as a governance of business partnerships. This act gives a framework design to establish how partnerships should be working together and how they will be held accountable for actions taken. 
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The amount of stockholder's equity is calculated as -

Total stockholder's equity = Common stock issued + Additional paid in capital + Retained earnings - Treasury capital

Total stockholder's equity = $ 12,000 + 11,000 + $ 12,000 - $ 4,000

Total stockholder's equity = $ 31,000

8 0
3 years ago
The starting point on this grid system for determining latitudinal location is the ____________ , while the starting point for d
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3 years ago
Why are job referrals valuable to both job seekers and employers?​
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A successful referral makes an employee feel better about the company they work for
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3 years ago
a commercial bank has $1,000,000 of customer checking deposits and actual reserves of $300,000. if the reserve ratio is 20 perce
alexira [117]

The maximum amount of new loans the bank can extend is $800,000.

<h3>What is the maximum amount of new loans the bank can extend?</h3>

The reserve ratio is the amount of deposits that must be kept as reserves with the central bank. The money that is not kept as reserves can be used to create loans.

Maximum loan amount = deposit - (reserve ratio x deposits)

1,000,000 - (0.2 x 1,000,000) = $800,000

To learn more about required reserves, please check: brainly.com/question/26960248

#SPJ11

8 0
2 years ago
A proposed new investment has projected sales of $832,000. Variable costs are 57 percent of sales, and fixed costs are $187,260;
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Answer:

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Explanation:

3 0
3 years ago
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