1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DerKrebs [107]
3 years ago
5

Joe is an accountant and plans to join a group of accountants. he compares a group in a general partnership with a group in a li

mited liability partnership (llp. what is one advantage of the llp that he would be particularly interested in?
Business
1 answer:
Tatiana [17]3 years ago
8 0
The thing that would interest him the most and is an advantage is that if one partner were to make a mistake, he would not be held accountable for it. Unlike the general partnership where everyone gets equal blame for the downfall of a company, in limited liability it is known what falls under whose jurisdiction and if someone causes the company to go bankrupt, the ones whose fault it's not can't get sued.
You might be interested in
True or False: Equality refers to how the pie is divided, and efficiency refers to the size of the economic pie.
SIZIF [17.4K]

Answer:

The correct answer is True.

Explanation:

Economic efficiency is the efficiency with which an economic system uses productive resources to meet its needs. According to Todaro the concept means in matters of "production, use the factors of production in combinations of lower cost, in consumption, allocation of expenses that maximize consumer satisfaction (utility)".

Economic or income equality, social equality and cultural equality would be achieved if economic, social and cultural rights - second generation human rights - are fulfilled. Equity or equal resources is essential both to fully exercise civil and political rights and to have a decent life.

8 0
3 years ago
In 2017, Kerry Corp's financial statement showed accrued losses on disposal of unused plant facilities of $3,600,000. The facili
Margarita [4]

Answer:

$1,260,000  Asset

Explanation:

The amount that Kerry Corp should report is as follows:

Amount to be reported = $3,600,000 * 35% = $1,260,000  asset.

Deferred tax arises because of temporary differences which results in future deductible amount. Future deductible amount leads to reduce taxable income and will provide future economic benefits of the company.

8 0
2 years ago
Allison spends a lot of time socializing with friends on facebook, downloading movies, and completing schoolwork. but her older
notsponge [240]
I would think it would be yes I think
8 0
3 years ago
"In order to recommend a variable annuity to a customer, the representative should have a reasonable basis to believe that the c
Mrrafil [7]

Answer:

D. I, II, III

Explanation:

For suggesting a variable annuity to a customer, the representative has the reasonable basis to trust the customer that gained from growth of the deferred tax for the separate account, the trust of receiving the income for life and the living or death benefit allowed in the contract

So here they all three give conditions should be considered as they are relevant

3 0
3 years ago
A disadvantage to joining a family business is that _____.
miv72 [106K]
A disadvantage to joining a family business is that: c. one individual must take on all of the financing responsibilities.
Another disadvantage are you can feel trapped, you have no oppurtunity to advancement.

hope this help
4 0
3 years ago
Read 2 more answers
Other questions:
  • Scientists are expected to submit their results to professional journals, which then send the findings to experts for evaluation
    9·1 answer
  • Assume that your firm consists of Division 1 (40 percent of the firm) and Division 2 (60 percent of the firm). The capital struc
    8·2 answers
  • Greg benefited from his experience working for an established private company that provided innovative lighting for large music
    5·1 answer
  • A government security issued in minimum units of $1,000 with a 10-year to 30-year maturity is called a_____________.
    15·1 answer
  • Audrey travels for business three to four days a week and is not always near power outlets. She needs a solution for when her la
    10·1 answer
  • Consider a no-load mutual fund with $390 million in assets and 15 million shares at the start of the year and with $440 million
    8·1 answer
  • Rabbits have large ears. infer how this adaptation helps the rabbit meet its needs
    14·1 answer
  • Inventory records for Marvin Company revealed the following:
    11·1 answer
  • Why is it important to invest for your retirement? please explain :p
    6·1 answer
  • M Corp. has an employee benefit plan for compensated absences that gives each employee 15 paid vacation days. Vacation days can
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!