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Svetach [21]
4 years ago
13

Sarah smith works as a laser technician for a local dermatology center consisting of physicians operating under a partnership ag

reement. sarah purchased supplies through the mail from a medical supply facility totaling $5,000. she signed the contract agreeing to pay for the supplies in her name, sarah smith. a few weeks later the dermatologists became embroiled in a bitter dispute regarding profits and terminated the partnership. unfortunately, the partners were not aware of the debt owed to the medical supply facility; and the bill remained unpaid. sarah received a bill from the supply company for $5,000. is she liable to the medical supply company, and why or why not?
Business
1 answer:
ser-zykov [4K]4 years ago
6 0

Answer:

Yes, Sarah is liable for the $5,000 bill since she ordered the supplies and signed the contract using her own name.

She is responsible for the money owed to the medical supply facility, but if this purchase practice was common and happened before, she can also demand that the former partners pay her back.

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Book value for the 3rd year = $ 750,000 - $366,000 = $ 384,000

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Straight line rate= 100 % ÷ Useful Life = 100 ÷ 10= 10 %

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which of the following is most likely considered to be the most important factor for Belgiom, Korea and Canada to take full advantage of specialization?

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