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
Irina18 [472]
3 years ago
5

is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a

limited partner does not. has a maximum loss equal to his or her equity investment. receives a salary in lieu of a portion of the profits.
Business
1 answer:
aleksandrvk [35]3 years ago
5 0

Answer:

is personally responsible for all partnership debts

Explanation:

COMPLETE QUESTION

A general partner:

is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a limited partner does not. has a maximum loss equal to his or her equity investment. receives a salary in lieu of a portion of the profits.

EXPLANATION

A general partner can be regarded as a person that joins with another person or join with more than one other person to form a business. A general partner is responsible for the actions that is been taken in the business, He or she is liable personally for all the debts as well as obligations in the business and can bind the business legally. It should be noted that A general partner is personally responsible for all partnership debts.

You might be interested in
An individual is at a restaurant with two other people and they are trying to determine the tip for their check total which came
wariber [46]

Answer: $10.00

Explanation:

The individual and the other two are trying to pay an 18% tip so the amount they should tip can be calculated by:

= Check total * 18%

= 57.38 * 18%

= $10.3284

= $10.00 to the nearest dollar

5 0
3 years ago
7. The fact that Megan Grassell exceeded her funding goals is a good indication that her product will be popular.
xz_007 [3.2K]

Answer: True

Explanation: The funding goal is the least amount you need to start on a project and pay for rewards if you've offered any and the very concept of funding goal should come from the campaign objective. You are expected to decide on whether your campaign should come from a financial standpoint or marketing standpoint. It is true that the fact that Megan Grassell exceeded her funding goals is a good indication that her product will be popular.

5 0
3 years ago
Suppose Sam would like to use $6,000 of his savings to make a financial investment. One way of making a financial investment is
grin007 [14]

Answer:

The correct options are option C and Option D.

Explanation:

Lets look at each option in turn and evaluate whether they are correct or incorrect

Option A: Incorrect. This can be understood by thinking in terms of the classic demand and supply of a given item. If the company issues more shares, there will be a greater amount of shares in the market for a potential investor to buy. This additional supply of shares will put a downward pressure on the price of the shares which will cause the share price to decrease.

Option B: Incorrect. When a company issues shares to raise money, it is known as equity finance. By doing so, the company is increasing its capital which is recorded in the balance sheet under the heading of "share capital". Another statement that will be impacted is the cash flow statement under the heading of cash flow from financing activity. The income statement will not be impacted. If Sam purchases shares from another investor, the company's statements will not be impacted.

Option C: Correct. Expectations of a recession that reduce corporate profits for make investors expect a lower return on investment if they invest in a corporation's shares. This will dampen the demand, thereby decreasing the price.

Option D: Correct. An investor measures the opportunity cost of an investment by generally comparing it to the risk free return that they can get on US bonds. So the investor can alternatively invest in US govt instruments.

Option E: Incorrect. A bond maturing 30 years from now will carry a DIFFERENT interest rate due to the varying tenor. The tenor of a bond affects the risk profile of an investment in the bond which makes bonds of differing maturities offer different returns in line with expectations concerning economic performance.

7 0
3 years ago
A major problem with the implementation of an annually balanced budget is that it?
djyliett [7]

Answer:

A major problem with the implementation of an annually balanced budget is that it magnifies the fluctuations in the business cycle.

3 0
2 years ago
A manufacturer of plastic canoes and fiberglass kayaks is experiencing an increase in the price of kayaks in the marketplace, wh
Effectus [21]

Answer:

an increase in the price of soccer balls.

Explanation:

Soccer balls are made of polyethylene and other petroleum oil derivates. An increase in the price of oil will lead to increased price of soccer balls, because the raw material price has gone up.

Kayaks also have raw materials derived from oil that is why they are experiencing a rise in price.

Kayaks and soccer balls will have a directly proportional relationship due to their common raw material source- oil.

8 0
3 years ago
Other questions:
  • Vitafluid, a health drink, is available at all supermarkets. After research, the marketing team of the branddiscovered that 90 p
    8·1 answer
  • 5 employees with annual salaries of 50000 60000 50000 70000 90000 what is the annual mean
    11·1 answer
  • the butler county tax assessor determines that the market value of greg wilsons home is $123000. the rate of assessment in butle
    8·1 answer
  • Which area of the brain is most closely associated with sleep and dreaming, as well as coordinating well-practiced body movement
    8·2 answers
  • I need help with this
    14·1 answer
  • A(n) __________ presents a consideration for the acceptance of a claim.​
    12·1 answer
  • Outsourcing:
    10·1 answer
  • Health Wise Corporation has developed a new diet supplement to assist with weight loss. Which type of legal protection grants He
    12·1 answer
  • Economics: Which one of the Fed actions in Part 1 might be more difficult if U.S. currency still consisted of demand notes rathe
    7·1 answer
  • What are 2 types of goods/services that lends themselves well to non-price competition?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!