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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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During March, the production department of a process operations system completed and transferred to finished goods 25,000 units
stira [4]

Answer:

transferred-out units 135,000

Explanation:

During March

from the beginning inventory 25,000 were complete

also 110,000 units were started and complete

Total units transferred-out:

25,000 + 110,000 = 135,000

The percent of completion on complete units is always 100%

<u>We don't have to calculate any equivalent units. </u>

Also the ending inventory is not relevant, because we are asked for the transferred out and we are given with the complete units and the started and complete.

5 0
3 years ago
Orders placed for buying shares of a mutual fund any time up to 4:00 p.m. are priced at that day’s net asset value (NAV), and or
stepladder [879]

Answer:

Option "b" is the correct answer to the following question.

Explanation:

This is the agreed price of the relevant material, commodity or tangible asset as negotiated by the consumer and the forward agreement dealer, to be payable in the future event at a fixed date.

In this situation, Before 4:00 P.M is the present price of mutual fund and after 4:00 P.M is the future price of the mutual fund.

7 0
3 years ago
Nanke Products, Inc., has a Sensor Division that manufactures and sells a number of products, including a standard sensor that c
Alexandra [31]

Answer:

$64

Explanation:

The minimum acceptable transfer price for the sensors from the standpoint of the Sensor Division is a price that would be the best for the performance evaluation of the <u>Sensor Division Manager </u>and also <u>best for the company</u>.

If the division is transferring items to another division the goals remain the same and the price is calculated as :

Minimum acceptable transfer price = variable costs - internal savings + opportunity cost

Therefore,

Minimum acceptable transfer price =  $20 + ( $64 - $20)

                                                            = $64

Therefore, the minimum acceptable transfer price for the sensors from the standpoint of the Sensor Division is $64 assuming that there is an opportunity cost of $44 that is ($64 - $20).

3 0
3 years ago
"Which of the following is a significant operation interface that distinguishes a service supply chain from a product supply cha
dimulka [17.4K]
C. supplier relationship management is the answer
6 0
4 years ago
How does income get taxed twice in the case of a corporation?
astra-53 [7]

Answer:  Double taxation occurs when a corporation pays the corporate tax rate on earnings or profits, then pays dividends from those profits to shareholders who are again taxed on the money at their personal rates.

Explanation:

8 0
3 years ago
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