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faust18 [17]
3 years ago
13

Which of the following statements is correct concerning liability when a partner in a general partnership commits a tort while e

ngaged in partnership business? A. The partner committing the tort is the only party liable. B. The partnership is the only party liable. C. Each partner is jointly and severally liable. D. Each partner is liable to pay an equal share of any judgment.
Business
1 answer:
Daniel [21]3 years ago
6 0
The answer is “A”. “The partner committing the tort is the only party liable.
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Answer and Explanation:

1.

Net Operating loss carryback  Amount  Rate of Tax  Tax Recorded as

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Carried back - 2015               $0.0          30%         $0.0  

Carried back - 2016           $42,000        35% $14,700.0  

Carried back - 2017           $8,000.0       40% $3,200.0  

Total Carryback                 $50,000.0                    $17,900.0

Journal Entries - Cabot Company

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31-Dec-18      Receivables - Income Tax Refund  $17,900

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In the context of intraorganizational processes, _____ are characterized by broadly defined jobs and responsibilities; loosely d
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Answer:

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Explanation:

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