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Gnom [1K]
3 years ago
11

Singh, a member of Trucking LLC, ceases to be associated in the carrying on of the business of the firm. Despite the dissociatio

n a. the member does not lose the right to participate in management. b. the member’s duty of care continues with respect to prior events. c. the member’s duty of loyalty continues until the firm dissolves.
Business
1 answer:
horsena [70]3 years ago
4 0

Answer:

b. the member’s duty of care continues with respect to prior events.

Explanation:

In the case when the member stops to be associated with the carry on the business so depsite of the dissolution the care of the member should be related to the previous events as the member could owe the duty of care to LLP within the tort law and it continues even after the member leaves the LLP for the past events

Therefore the option b is correct

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Capital needed for company activities cannot be acquired through: ______
cestrela7 [59]

Correct option is C. Capital needed for company activities cannot be acquired through <u>arbitrarily firing employees.</u>

<u></u>

<h3>What is meant by at-will employment?</h3>

At-will employment is defined by US labor law as the right of an employer to fire an employee without cause (i.e., without having to provide "just cause" for termination) and without prior notice, so long as the reason is legal (e.g., not firing an employee due to their race, religion, or sexual orientation).

Courts reject any claims for damages resulting from a dismissal where an employee is recognized as having been hired "at will." The practice is viewed as unjust by people who believe that the work relationship is marked by an imbalance of bargaining power because an employee may also be entitled to quit their job without cause or notice.

To learn more about at-will employment from given link

brainly.com/question/13836968

#SPJ4

8 0
2 years ago
On the Statement of Cost of Goods Manufactured, Cost to Manufacture is added to __________ (Beginning or Ending) Work in Process
Amiraneli [1.4K]

Answer:

Beginning and Ending

Explanation:

COGM stands or termed as Cost of goods manufactured, which is used in the managerial accounting, it refers to the statement, which shows the aggregate production costs of the company or business during a particular period of time.

In short it is the aggregate cost which is incurred to manufacture the products and transfer the products into the finished goods inventory for the purpose of retail sale.

The formula to evaluate the COGM is:

COGM = Cost of Manufactured goods (involve Direct Materials Used, Manufacturing Overhead and Direct Labor Used) + Starting Work in Process (WIP) Inventory -  Ending Work in Process (WIP) Inventory

5 0
3 years ago
What is the name of the vodka brand for which diddy is a brand ambassador?
Alex Ar [27]
I looked it up and the answer I was given is Ciroc
6 0
3 years ago
Ahmed owns a small motor repair shop that had a cash flow of $297,241 in the current period. If Ahmed expects his business to gr
Tomtit [17]

Answer: $321,020

Explanation:

The cash flow is expected to grow at a rate of 8%.

This means that in the next year it will be 8% higher than the $297,241 it is in the current period.

= 297,241 * ( 1 + rate)

= 297,241 * ( 1 + 8%)

= $321,020

4 0
3 years ago
Consider the following premerger information about a bidding firm (Firm B) and a target firm (Firm T). Assume that both firms ha
Alborosie

Answer:

The answer is "Share offer is better".

Explanation:

Firstly Computing the value of the combined company:

The merger value = the market value of the B company + the market value of the T + synergically advantages

= shares issued * share price of company B + outstanding shares * price per share of company T + benefits for synergies

=4,600 \times \$40+1,000\times \$14+\$8,800\\\\=\$206,800\\\\

Number of new shares which have been created following the merger = the number of shares in the T *exchange ratio

=1000 \times \frac{1}{2}\\\\=500 \ shares\\\\

The percentage price of the fusion company = the value of the fusion company /the share value of the fusion company

The per-share price of the combined company=\frac{\$206,800}{4,600+500}=\frac{\$206,800}{5,100}=\$40.55

The cash offer value = 16 dollars per share

Stock offer value = price of merged company share /2 = \frac{\$40.55}{2}=\$20.27 / \ share\\\\

Thus, share offer is better

8 0
3 years ago
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