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
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.
You might be interested in
The _____ of an organizational life cycle is characterized by growth and the expansion of organizational resources.
Verizon [17]

Answer: The _youth_ of an organizational life cycle is characterized by growth and the expansion of organizational resources.

Explanation:

7 0
3 years ago
One possible reason as to why consumers respond to sales is that by displaying a "high" regular price and a "low" sale price, sa
Olenka [21]

Answer:

True

Explanation:

Experiments regarding consumer behavior have shown that consumers usually expect a product to have a certain price that serves as a reference price that they use to determine if a retailer's price is high (more expensive than the reference price) or low (cheaper than the reference price).

It is normal (but unethical) that some retailers increase their prices a little before starting a sales campaign, since a higher reference price will make consumers believe that the offer is even better.  

8 0
4 years ago
Janet Home went to Citizen Bank. She borrowed $7,000 at a rate of 8%. The date of the loan was September 20. Janet hoped to repa
coldgirl [10]

Answer:

The interest is $189.78

Explanation:

The computation of the interest on January 20 is shown below:

= Principal × interest rate × number of days ÷ total number of days in a year

= $7,000 × 8% × 122 days ÷ 360 days

= $7,000 × 8% × 0.338

= $189.78

The 122 days are calculated below:

September - 10 days

October - 31 days

November - 30 days

December - 31 days

January  - 20 days

Total    - 122 days

And we assume the 360 days in a year

8 0
3 years ago
Why might buying a home during a recession be a good decision for some consumers? Check all that apply. a. Housing prices are do
andreev551 [17]

Answer:

<em>a. Housing prices are down. </em>

<em>c. Less demand means more options for buyers.</em>

<em> d. Less demand means less competition with other buyers.</em>

Explanation:

During a <em>recession</em> in the economy, the <em>aggregate demand</em> is on a lower side. This makes the housing prices lower. Lower prices due to lower demand, imply more options for the buyers. Lower demand indicates less competition with other buyers for a buyer.

Hence, all (a), (c) & (d) are the main solutions to the problem, that's why it's easier to get a mortgage.

5 0
3 years ago
Read 2 more answers
Majestic Homes' stock traditionally provides an 7% rate of return. The company just paid a $2 a year dividend which is expected
liberstina [14]

Answer:

$52

Explanation:

Data provided as per the question

Recent dividend = $2

Market rate of return = 8%

Growth Rate = 4%

(Its expected to increase so it will be (1 + 4%) = 1.4%

The computation of price is shown below:-

Price = Recent dividend × (1 + Growth rate ) ÷ (Cost of equity - Growth rate)

= ($2 × 1.04) ÷ (0.08 - 0.04)

= $2.08 ÷ 0.04

= $52

6 0
3 years ago
Other questions:
  • The Peridot Company purchased machinery on January 2, 2019, for $800,000. A five-year life was estimated and no residual value w
    15·1 answer
  • The date on which a cash dividend becomes a binding legal obligation is on the
    7·1 answer
  • Which of the following is a common type of MSD?
    15·2 answers
  • Which of the following is NOT be a warning sign of a scam when buying a car or other big purchases?
    13·1 answer
  • Freytag Corporation's variable overhead is applied on the basis of direct labor-hours. The company has established the following
    14·1 answer
  • Adding Erik Olin Wright’s concept of contradictory class locations to the Marxist concept of capitalists versus the proletariat,
    14·1 answer
  • What types of businesses are needed to make the product and deliver it to the final consumer.
    12·1 answer
  • The transactions carried out by BTS Corporation during the year caused an increase in total assets of $150,000 and a decrease in
    10·1 answer
  • here is more poi nts sorry for my last one that got flagged cause ech o2155 flagged my question I'm just doing a give away
    8·1 answer
  • Nathan would like to become a doctor but needs help financing his education. Which option could allow Nathan to achieve his goal
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!