Granval thinks a partnership will reduce his personal financial responsibility. this is true only if Granval is not a general partner.
General partnership is a type of business agreement which is made between two or more individuals who agree to share all the assets, profits as well as liabilities of the business.
Because of the simplicity and tax benefits in the general partnership, a general partnership is one of the most common legal business entities.
However, it's very important to consider that each partner is personally responsible for the business, including debts and lawsuits, and is held liable for the actions of their partners.
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Under mandatory bargaining requirements, the union must apply the terms of contract equally to all bargaining-unit employees. There are different subjects that are available and open for bargaining. Salary, benefits, contract and employment terms are all types of subjects that an employee can bargin to get what they want even if it's not initally offered. All mandatory subects directly impact an employees terms and conditions in a company.
Answer:
C. be held liable under the misappropriation theory of insider trading.
Explanation:
Insider trading refers to the practice of utilizing confidential information that is not available for the public in order to make a profit in stock market. Currently, this action is deemed as illegal ever since the The Insider Trading Sanctions Act was created in 1984 .
The Security and Exchange omission created that act in order to ensure that no investors have to experience unfair situation in the market . Having confidential information will make it really easy for a person to predict whether the price of the stock will go up or down.
This can be seen In Bart's action. Pay attention to this part of the excerpt:
<em>Bart learns from Alway's company files that Steel Co. is in the final stages of negotiation for a highly profitable </em>
That statement is true, an LLC can indeed <span>held liable for any loss or injury caused by the wrongful acts or omissions of its members.
The assets that owned by the members couldn't be held accountable in case there is a loss in the company, but in case of criminal activities, this thing could be overlooked.</span>
Answer:
c. Division 1 should continue to do business with Division 2 because Division 1's variable cost per part is only $18.
Explanation:
Since the variable cost per part is only $18 and Division 1 sells to Division 2 at $25, it is in the company's overall interest that business should continue between the two divisions.
The cost of getting the part from outside is $26. This will incur more cost to the company and create excess capacity for Division 1.
Fixed costs are not relevant in making a decision of this nature. The costs would be incurred irrespective of the decision made. They are therefore irrelevant. The relevant cost is the variable cost of $18 per unit. It should be the focus of the decision, including the possibility of excess capacity for Division 1.
