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ValentinkaMS [17]
2 years ago
14

Kim, Chris, and Beth are all partners in a cosmetics firm. Kim is leaving the partnership and wants to sell her shares of the bu

siness, including the property owned by the partnership, to Chris and Beth. The remaining partners are not interested in buying Kim’s interests. Kim has been unable to find a buyer for her share of the partnership. She has now resorted to asking the court to either sell her shares or sell the entire property. What form of concurrent ownership applies?a. Partition Law Suitb. Tenants in Commonc. Joint Tenancyd. Separate Ownership
Business
1 answer:
Tju [1.3M]2 years ago
5 0

Answer: Joint Tenancy

Explanation:

Based on the information that is given in the question, the form of concurrent ownership that applies is the joint tenancy.

Joint tenancy occurs when two or more individuals own thesame property. As a result, the joint tenants that is, the individuals who own the property share an equal ownership and also have equal right on the property.

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If a one-year adjustable-rate mortgage loan (ARM) is originally offered at 7% interest with "caps of 1 and 6," the interest rate
ozzi

Answer:

This will be false

Explanation:

Base on the scenario been described in the question, it is false because the rate can go above 8% at the first adjustment and according to how high the chosen index might rise, it can also go above 11% which is stated that it cannot, so it is false.

3 0
3 years ago
A performance audit engagement typically involves: a. Review of financial statement information, including the appropriateness o
zysi [14]

Answer:

The correct answer is c. Appraisal of the environment and comparison against established criteria.

Explanation:

Performance audit is defined as a systematic, multidisciplinary, independent and objective review of the operation, programs and projects carried out by an organization and focuses mainly on evaluation to determine if its management has performed in terms of economy, efficiency and effectiveness.

The performance audit emphasizes how the different areas of a company have impacted the target market with their actions, considering the relevant results and real progress in achieving the objectives and goals.

Among its main technical tools we can distinguish the matrix of results indicators, which allows to efficiently link the objectives of the company and the results expected to be obtained in each of them, as well as the measurement indexes necessary for its monitoring and evaluation.

8 0
3 years ago
The Old World Café’s cash register receipts showed total sales of $884. The cash equaled $534, and the credit card slips equaled
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Answer:the answer is $307

Explanation: some one didn't pay

8 0
3 years ago
What is the percentage decrease in revenue
Romashka-Z-Leto [24]

Answer:

c) 82.33 is the percentage decrease in revenue from tourist to Florida

6 0
2 years ago
A customer asks Roger a question about a product, and he isn't sure of the correct answer. He immediately phones his supervisor
Vikentia [17]

Answer:

Roger used the technique of "responding to every concern by the customer" for building positive customer relations.

Explanation:

Building up strong customer relationships includes following techniques:

  1. Communication which means inquiring customer needs and wants, listening to them, providing them  information.
  2. Exceeding Customer Expectations
  3. Providing Value in the form of quality products and services
  4. Responding to every concern which means taking each and every question, doubts or concerns of a customer seriously and providing them with the required information.

In the given case, the moment Roger knew that he wasn't sure of the information asked for, he immediately rang up his superior to get the exact correct information so as not to disappoint the customer.

This technique relates to responding to every concern by a customer.

5 0
3 years ago
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