22. Akshay worked at a cafe while he was a college senior in Boston,

In a partnership, partners may not compete against their own partnership unless:A. they do not monetarily benefit from their com

prohojiy [21]

(C) Without the other partners' consent, partners in a partnership are not allowed to compete with one another.

<h3>What is a partnership?</h3>

In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.

All partners in a general partnership corporation split the company's assets and debts equally. Lawyers and other professionals frequently create limited liability partnerships.

Partners in a partnership are prohibited from competing with one another unless they get the other partners' permission.

To sum up, while every partnership is different, all partnerships should have the aforementioned characteristics to achieve mutual success.

Keep in mind that both sides should be open to communication, reachable, adaptable, provide reciprocity, and have quantifiable results. These characteristics are essential for making the most of your collaboration arrangements.

Therefore, (C) without the other partners' consent, partners in a partnership are not allowed to compete with one another.

Know more about partnerships here:

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6 0

1 year ago

The holders of ZZZ Corporation's bonds with a face value of $1,000 can exchange that bond for 35 shares of stock. The stock is s

Paul [167]

Answer:

$28.57

Explanation:

The holders of ZZZ corporation bonds with a face value of $1000

It can be exchanged for 35 share of the stock

The stock is being sold for $25.00

Therefore, the conversion price can be calculated as follows

= $1000/35

= $28.57

Hence the conversion price is $28.57

6 0

3 years ago

a. is borrowed money invested in start-up businesses and provided by the Small Business Administration b. includes all the money

kolezko [41]

Complete Question:

Venture capital:

Answer:

c. is financing obtained from investment firms that specialize in financing small, high-growth companies.

Explanation:

Venture capital can be defined as a form of financing through which an investor provide capital for small, early-stage and high-growth companies in exchange for an equity stake or partial ownership of the company.

This ultimately implies that, venture capital is a type of financing obtained from investment firms that mainly specialize in providing finance for small, high-growth companies. Also, these small, high-growth companies or businesses are typically owned by individuals or a small group of people.

In conclusion, venture capital involves making capital investment in a small business with high growth potential in exchange for partial ownership or an equity stake in the business.

8 0

3 years ago

The accounting process begins with: Multiple Choice Analysis of business transactions and source documents. Preparing financial

Kitty [74]

Answer:

The accounting process begins with Analysis of business transactions and source documents

Explanation:

The Accounting process begins by identifying the transactions and events that occurred in the business.

After identification, the events and transactions have to be recorded in appropriate Account using the proper books of entry.

A list of Balances known as the Trial Balance is then computed when the Accounts are closed.

The Trial Balance is then used to prepare financial statements.

Financial Statements are then Analysed to assist various stakeholders and users of financial statements to make decisions.

6 0

3 years ago

Read 2 more answers

The next dividend payment by Hoffman, Inc., will be $3.10 per share. The dividends are anticipated to maintain a growth rate of

Pani-rosa [81]

Answer:

6.2249%

Explanation:

Dividend yield = next dividend paid / price of the stock

Dividend yield is one of the components used in calculating the total return of a stock.

Total return = price return + dividend yield

price return is the return on a stock as a result of price appreciation

Dividend yield = $3.10 / $49.80 = 0.062249 = 6.2249%

6 0

3 years ago