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vovikov84 [41]
3 years ago
14

A business partner whose potential financial loss in the partnership will not exceed his or her investment in that partnership i

s called a:_______. a) General partner. b) Sole proprietor. c) Limited partner. d) Corporate shareholder. e) Zero partner.
Business
1 answer:
hodyreva [135]3 years ago
5 0

Answer:

c) <u>Limited partner</u>

Explanation:

Partnership is a form of business wherein two or more individuals agree to carry out a business, mutually agreeing to share profits and losses in agreed profit sharing ratio as per the clauses in partnership deed.

Apart from in Limited liability form of partnership, partners are subject to unlimited liability which means in case of excessive losses, their personal assets such as cars or houses can be taken away as well.

Limited liability partnership(LLP) is a form of partnership wherein the loss of partners are limited to the amount of their respective investments.

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A party who has been induced to enter into an illegal contract because of fraud, duress, or undue influence can sue the other pa
anygoal [31]
B. False is the right answer 
3 0
3 years ago
At the end of World War II many European countries were rebuilding and so were eager to buy capital goods and had rising incomes
fenix001 [56]

We would expect that the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>

<h3>What is aggregate demand?</h3>

Aggregate demand refers to the total demand for goods and services within an economy.

Because of the Marshall Plan initiated by the United States for rebuilding Europe after the Second World War, aggregate demand increased in both the United States and Europe.

<h3>Answer Options:</h3>

a. Both the US and Europe

b. The US, but not Europe

c. Europe, but not the US

d. Neither the US nor Europe

Thus, the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>

Learn more about aggregate demand at brainly.com/question/1490249

8 0
2 years ago
The operational design of an illicit drug business can be divided into four stages of production and distribution: cultivation,
vesna_86 [32]
Retail distribution

The illegal drug business or trade primarily consists of the cultivation, manufacture, distribution and sales of prohibited drugs.

Cultivation and manufacture involves planting and harvesting prohibited drugs from plant sources (e.g. opium or marijuana) and processing the plant raw materials to produce the final product. For synthetic drugs, manufacture entails securing (sometimes by importation) of the chemicals required for the production of a certain drug (e.g. methamphetamine). Importation of the raw materials or final products might also be necessary to meet the demands.

With the final product at hand, the next step is to distribute and sell the drugs -- wholesale or retail. Wholesale distribution and sales involve large amounts (in bulk) of the illegal drugs while retail involves smaller amounts.  
5 0
3 years ago
The marketing plan has three main components: the executive summary, the keys to success, and the implementation plan.
CaHeK987 [17]

Answer:

true

Explanation:

based on my opinion

7 0
3 years ago
Yolanda is a cash basis taxpayer with the following transactions during the year: Cash received from sale of products $66,000 Ca
riadik2000 [5.3K]

Answer:

$23,500

Explanation:

Net income is arrived at by deducting relevant expenses for the year from the gross income for the year. In this question, sales income is used to represent gross income. The net income can therefore be calculated as follows:

Net Income = Sales income - Expenses other than rent and interest - Rent - Interest

Net Income = $66,000 - $40,000 - [$45,000 × (1/18)] - 0

                    = $66,000 - $40,000 - $2,500 - 0

                    = $23,500

Therefore, net income is Yolanda's net income $23,500.

Note that [$45,000 × (1/18)] is used to calculate rent for only one which is December of the calendar year since the rent was paid for 18 months.

8 0
4 years ago
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