Answer: The correct answer is "B. Under the First Amendment, commercial speech is given less protection than non-commercial speech.".
Explanation: The statement "B. Under the First Amendment, commercial speech is given less protection than non-commercial speech." is true when it comes to advertising because the first amendment regulates issues about freedom of expression which determine that, in short, commercial discourses are less protected than non-commercial discourses.
Answer:
b. $150,500
Explanation:
debit/capital = $185000/$610000
= 30%
target debt is 55%
debt/capital = 0.55
let the new debt be Y
Y/$610,000 = 0.55
Y = $335,500
excess debt need by company = $335500 - $185000
= $150500
Therefore, The debt that the company must add to achieve the target debt to capital ratio is $150500.
Answer:
$550,000
Explanation:
Data provided in the question
Issued amount = $550,000
Time period = 10 years
Stated interest rate = 12%
Market interest rate = 12%
Based on above information, as we can see that the stated interest rate is equal to market interest rate i.e 12% which reflects that it issued at par i.e face value
So in this case, the amount received at issuance is equal to the issued amount i.e $550,000
Answer
Option B. Laura is personally liable as the bank, in good faith, thought she is a general partner
Explanation:
Limited Partnership (LP)
This is Business entity that exists in line with state statutes that gives limited liability to some of its members who called limited partners.
RULPA
This is simply called Revised Uniform Limited Partnership Act. It is the model for Limited Partnership legislation in most states.
Limited Partner
This is a part or member of a limited partnership.it is that individual who is not involved in controlling the business and whose liability is limited to amount invested in the business.
General Partner
It is simply a member in a limited (or general) partnership who controls the business and has unlimited personal liability.
In the above scenario, Laura will be taken as a general partner and will be held personally accountable or liable for the loan, and also along with the general partners of the limited partnership.The rule of RULPA gives the right for a limited partner to be involved in the management of the partnership’s affairs and not losing the limited liability if the limited partner has been formally employed by the partnership to be an executive of the partnership.
