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____ [38]
3 years ago
11

If a limited partner actively participates in day-to-day management of the business, he or she may forfeit limited partner statu

s and lose limited liability for debts and liabilities.a. trueb. false
Business
1 answer:
Tom [10]3 years ago
7 0

Answer:

If a limited partner actively participates in day-to-day management of the business, he or she may forfeit limited partner status and lose limited liability for debts and liabilities: Given statement is a. True

Explanation:

A limited partner are also known as silent partners. They are part owners whose liability of the debts of the firm cannot exceed the amount that he invested in the company.

A limited partnership would have one general partner and at least one limited partner. The general partner is the one who manages the business from day-to-day.

Limited partners do not manage the day-to-day affairs of the business. In case they do, they are then treated as general partners. And would lose the limited liability for debts as stated in the statement. This, it is true.

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Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl
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In terms of smart financial planning, the reason why Christie makes changes to her budget <span>at the end of every month is because s</span>he is reviewing her goals at the end of every month and consequently, aligning the budget to work toward them.
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BuyMart Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and
Juliette [100K]

Answer:

economies of scale.

Explanation:

Economies of scale -

It refers to the edge over the cost of the company , which is due to the very efficient production rate , is refer to as economies of scale .

Economies of scale can be both external and internal .

This process can be done by increasing the production of the goods and services , and thereby reducing the overall cost of the product , and more number of consumers will try to grab the product , and hence ,

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The correct answer is economies of scale .

5 0
3 years ago
a. Attracting large amounts of capital is more difficult for partnerships than for corporations because of such factors as unlim
lidiya [134]

Answer:

The statement is: True.

Explanation:

Partnerships are organizations that share ownership of two or more people. Corporations, on the other hand, are owned by shareholders who decide how and who will run the business. Partnership owners are individually liable, implying that the owners' assets can be taken away in front of the debt.  

Debt or legal responsibility in companies is not individual. Liability is only dealt with at the company level. In reality, partnerships require reorganization when one of the partners is quitting or passing away, something that does not happen to corporations. For these factors, the majority of associations find it difficult to raise significant amounts of funds relative to companies.

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3 years ago
Q 1. how does csr (corporate social responsibility impact the role of hr manager ?
tatuchka [14]
By being friendly and decent
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g Call options on IBM-listed stock options are Group of answer choices created by investors and traded on various exchanges. iss
Scorpion4ik [409]

Answer: Created by investors and traded on various exchanges

Explanation:

Call options are contracts that give the buyer the right to buy the underlying assets of the option on a particular date at a set price by exercising the option. American Call options can be exercised anytime before the date listed in the contract as well.

Call options are created by people who already own stock in the company i.e investors in IBM and traded on various exchanges such as the Chicago Board Options Exchange. It acts as a supplementary way to make income from stock if the investors do not believe that the stock price will go up thus enabling them to make income from the contract price.

8 0
3 years ago
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