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Vinil7 [7]
3 years ago
9

Which of the following will not result in the termination and liquidation of a partnership? 1) Partners are incompatible and cho

ose to cease operations. 2) There are excessive losses that are expected to continue. 3) Retirement of a partner.
Business
1 answer:
dedylja [7]3 years ago
4 0

Answer: Retirement of a partner

Explanation:

A partnership is a formal arrangement which is made by two or more parties to operate and manage a business and share its profits. In partnership, two or more people share ownership, and are responsible for managing the company and also the income and losses generated by the business. The income gotten is then paid to the partners.

The reasons for termination of a partnership is incompatibility on the part of partners. When partners are not compatible, they may agree to stop operation. Also, too much losses in the business can lead to the termination of the partnership agreement and stopping the business. Since losses are much, there's no reason for continuation of the business as profit maximization goal can't be achieved.

The retirement of a partner doesn't mean the business should be terminated. The business can still go on even when a partner retires.

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The person who receives financial protection from a life insurance plan is called a
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The person who receives financial protection from a life insurance plan is called a beneficiary. I hope that I helped, Have a wonderful day!

6 0
3 years ago
Thompson Company incurred research and development costs of $100,000 and legal fees of $30,000 to acquire a patent. The patent h
wariber [46]

Answer:

b. 3,000

Explanation:

The computation of the  Patent Amortization Expense in the first year is shown below:

= Legal fees to acquire a patent ÷ estimated useful life

= $30,000 ÷ 10 years

= $3,000

Only the legal expense would be amortized in a year.

And, the lesser period of legal life i.e 20 years and useful life i.e 10 years would be taken in the computation part. So, the lesser time period would be considered i.e useful life of 10 years

7 0
3 years ago
Read 2 more answers
Zimmer-centerpulse is the world's largest producer of replacement hips and knees for orthopedic surgery. they are particularly i
mylen [45]

The correct answer is Demography

Zimmer-Centerpulse is the world’s largest producer of replacement hips and knees for orthopedic surgery. It is particularly interested in marketing in the southwestern United States, where a large aging population lives.

The demography most directly explains its continued growth.

8 0
3 years ago
Due care is the idea that consumers and sellers do not meet as equals and that the consumer's interests are particularly vulnera
svetlana [45]

Diligence is the idea that consumers and sellers do not meet on an equal footing, and that the interests of consumers run the risk of being particularly harmed by manufacturers who are tempted to purchase their products.

In sales, business, and economics, a customer is someone who buys something for money or other value from a vendor, vendor, or supplier. This person is also called the customer, purchaser, or purchaser.

There are four types of buyer-seller relationships: transactions, functions, partnerships and strategies. His four basic sales strategies used by salespeople are scripted selling, needs-satisfaction selling, consultative selling, and strategic partner selling.

Learn more about consumers here

brainly.com/question/17629073

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3 0
1 year ago
You've just opened up a new savings account at the local credit union. You deposited $500 into the account. If you leave your $5
scZoUnD [109]

Answer:

I believe the APY would be $520 for the rounded version and $520.20 for the not rounded

(not completely certain since i didnt fully understand)

Explanation:

using the formula for calculating compounding semi annualy

A = P(1 + r)t

A= 500(1+0.02)2 (i put 2 instead of one year because its semi annually so twice)

A= 500(1.02)2

A= 500x1.04=$520(rounded)

A=500x1.0404= $520.20(not rounded)

Please correct me if I understood your question wrong

5 0
2 years ago
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