Answer:
C. The termination of the firm's legal existence.
Explanation:
General partners are individuals, two or more , who come together to own a business and controls daily activities of the business. Each member has unlimited liability and their action can legally bind the activities of the business. They share profit and losses equally.
According to fact pattern 27-3, if the partners agree to dissolve one of their business line- equity lending as in the case above and the company's assets are shared among the partners, it would result in the termination of the firm's legal existence.
Once there is a breach by any of the partners as contained in the partnership agreement and the partner's asset shared, that is dissolution. The partnership business has therefore been terminated legally and cease to exit.
Answer:
in this scenario, susan and sam has not done any wrong things.
but Martin has manipulated sam to take revenge from susan for firing him.
so in this case, no susan is not obliged to pay. she can take action against martin and after proving in a court of law about martin's manipulation, he will be liable to pay.
Explanation:
Answer:
The correct answer is $18.206.
Explanation:
The yield percentage is given as 4.8%.
The stock price is given as $85.
The exercise price of the call option is given as $70.
Value of the call option will be
= Stock price- present value of the exercise price
= 
= $85 - $66.79
= $18.206
So, the value of call option is $18.206.
Answer:
Introduction
The body of the letter is usually divided into the three paragraphs (one is the introduction, then supporting details, then conclusion of topic).
