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
Lubov Fominskaja [6]
3 years ago
9

Suppose that Steve, one of the partners in a home improvement company, intends to dissolve the partnership. Before he can give n

otice of his intent, one of the other partners, Hala, makes a contract with some clients for a home office renovation. As a consequence, Steve will ______.
Business
1 answer:
bija089 [108]3 years ago
6 0

Answer:

still be liable for Hala's contract.

Explanation:

Any contract entered into by any of the partners, before the dissolution of a partnership business is deemed legal hence binding on the partners. This means that the partners will still be liable for the new contract in line with their partnership status.

Although, before a partnership business can be dissolved, at least one of partners must give a notice of intent. If in the process of giving the notice, another member enters in a new contract, such will be valid and partners will still be held liable because the business has still not been dissolved in the eye of the law.

Any contract entered into by any partner in a partnership business aftet dissution becomes illegal hence not binding on other members.

You might be interested in
Which of the following tools is an example of monetary policy?
loris [4]

Answer:

Explanation:

B C and D have become tools that have been tried.

Deficit spending is a budget/government policy. Its use should be very limited.

Same with Increased Government Spending. FDR was the master at controlled government spending.

Reducing income taxes is another government policy.

So only A is an example of monetary policy. This is a regulation imposed on the Banks by the Federal Reserve.

4 0
3 years ago
Read 2 more answers
You observe a portfolio for five years and determine that its average return is 12.5​% and the standard deviation of its returns
mihalych1998 [28]

Answer:

Yes, you can be confident that the portfolio will not lose more than 30% of its value next year

Explanation:

In this question , the average return of portfolio is 12.5% and the standard deviation is 19.5%. It is estimated that there will be 30% loss next year. The confidence interval is 95%.

Range = Average return ± 2 x Standard deviation Low aid = 12.5% - (2 x19.5%) =12.5% -39% = -26.5%

High end = 12.5% +(2 x19.5%) =12.5%+39% = 51.5%

Thus, the low end is

26.5%

The range of return at 95% confidence interval is -26.5% to 51.5%

8 0
2 years ago
90 + 150 is what <br>a 140<br>b 240<br>c 350<br>d150​
My name is Ann [436]

Answer:

B 240

Explanation:

6 0
2 years ago
Read 2 more answers
If you were an elected official who wanted to increase tax revenues, which of the following would you prefer to use: individual
katrin [286]

Answer:

sales tax

Explanation:

It does not choose discriminatory the more you spend the more you pay, from a moral perspective people would rather pay for what they get rather than what they make and then possibly invest or save. They would not want to pay taxes at least 3 times if it is an investment.

4 0
3 years ago
What is the business importance of managing the quality of business processes? Describe two methods of quality management.
Ratling [72]

Answer:

2 methods are LEAN and Kaizen

Explanation:

The value of quality management is to help businesses enhance the dependability, longevity and quality of their goods. Such variables distinguish a company from its rivals. Quality products equal more satisfied customers and more income.

Lean is a very diverse management technique. Lean most often uses the term theory to be embraced by the company (business). Lean is based on a number of fundamental principles. It is essentially the organization's attempt to improve constantly in all aspects and prevent unnecessary waste.

Kaizen is an development process centered on Japanese cultural heritage. The focus of the enhancement is to progressively optimize methods and working practices, improving quality and reduce scrap, save resources and time to reduce costs, increase workplace safety and reduce working-place hazards.

6 0
3 years ago
Read 2 more answers
Other questions:
  • Rottino Company purchased a new machine on October 1, 2015, at a cost of $150,000. The company estimated that the machine will h
    5·1 answer
  • Jill's employer has a compensation package that includes vacation pay, retirement, and life insurance but allows all employees t
    15·1 answer
  • Brazen Inc. sells bonds with a face value of $1,000,000 and a contractual interest rate of 10% for $1,200,000. The bonds will ma
    6·1 answer
  • Oreo Corporation has accumulated E&amp;P of $8,000 at the beginning of the current year. During the year (a nonleap year), the c
    8·1 answer
  • John is interested in joining with a large corporation in a cooperative venture to share risks and pool resources for his small
    12·1 answer
  • Assuming sticky prices and given expectations of future exchange rates, what is the short-run effect on the exchange rate of the
    5·1 answer
  • Pestel analysis for security industry in uk
    6·1 answer
  • The profession of marriage and family therapists is expected to continue growing at a rate of about
    6·1 answer
  • Which is a reason why it is important to organize information before preparing a business report?.
    5·1 answer
  • Do you think that setting business objectives for S and S blooms will make sure that the business is successful?Justify your ans
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!