With respect to management decisions a majority of the partners must agree, irrespective of the size of each partner's interest in the partnership.
<h3>What is
partnership?</h3>
A partnership is an agreement in which two or more parties, known as business partners, agree to work together to advance their mutual interests. Individuals, businesses, interest-based organizations, schools, governments, or combinations can form partnerships.
A partnership is a single business owned by two or more people. Each partner contributes to every aspect of the business, whether it's money, property, labor, or skill. In exchange, each partner shares in the company's profits and losses.
The goal of a partnership agreement (or partnership contract) is to create a legally binding contract between two or more individuals or other legal entities in order to establish a business enterprise. This partnership agreement specifies each partner's or entity's rights and responsibilities.
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Answer:
B. Group By operator
Explanation:
Hope this helps and have a nice day :)
Answer:
3 boxes per day
Explanation:
Productivity refers to output per worker per period. Productivity can be measured per a group of workers or for the entire firm.
Productivity is expressed as follows=units produced/inputs used
for John and group: units produced =120 boxes
Inputs used 40 hours per day
Their productivity = 120/40 hrs
=3 boxes per day
Answer:
The approximate value of the house is 192984
Explanation:
I don't know what you mean by "<em>Use Exhibit 1-A</em>" but you can calculate this as follows
180000 * (1+1%)^7
The general formula of cumulative interest is
A * (1+i)^n
A = Amount
i = interest, in this case 1%
n = number of periods, in this case, 7
Answer:
$3,525.00
Explanation:
The hire purchase price will be the sum of the deposit and the total monthly installments.
The deposit is $750
Monthly installments =monthly fee multiplied by 15 months
=$185 x 15
=$2,775.00
Hire purchase cost will be
=$2,775.00 +$750
=$3,525.00
