Answer:
The correct answer to the following question is C) counter cyclical fiscal policy.
Explanation:
Counter cyclical fiscal policy can be defined as a strategy implemented by the government to counter boom or recession in the economy through the fiscal measures. This opposite approach which government uses, like if there is recession in the economy, where demand is low and growth rate is also low, then government here would employ counter cyclical policy where they will reduce taxes and increase the expenditure, which will lead to increase in demand and growth rate, and thus would help in stabilizing economy.
Answer:
False
Explanation:
No matter what a company does the possibility of fraud cannot be avoided.
Answer:
Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Explanation:
What is Partnership
Partnership is a form of business, where individuals come together to carry on business with the primary intention of making profit. Mostly, they come together by contributing capital and expertise to make the business work . Every partner is however liable and responsible for both the profit made and the losses or liabilities of the partnership.
Although the general partner has unlimited liability, every partner is however jointly and severely liable for the business
Were Summemour and Hatcher Liable?
This case is referred in the J.T. Turner Construction Company v. Summerour and Hatcher(2009). The court this case declared that both Hatcher and Summemour were jointly and severally liable as a result of the following reasons.
A partner becomes liable especially for a prior judgment based on the following
1. The partnership has proven indebtedness
2. A general partner in the partnership was sued to court
Based on these, Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Answer:
It’s like the price or the cost
Explanation:
