1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Paraphin [41]
3 years ago
11

The rule in Garner v. Murray deals with​

Business
1 answer:
olga55 [171]3 years ago
7 0

Answer:

In the event of the insolvency of a partner any losses should be shared in the ratio of the last agreed capital balances before the dissolution took place. This is known as the Garner v Murray rule.

Explanation:

You might be interested in
Characteristics of just-in-time partnerships do NOT include: long-term contracts. removal of in-transit inventory. large lot siz
otez555 [7]

Answer: large lot sizes to save on setup costs and to gain quantity discounts.

Explanation:

Just in time is the kind of system where your material or component arrives just when you require them and does not take up time. This is helpful in saving storage cost. Just in time however, does not include large lot sizes to save on setup costs and to gain quantity discounts.

8 0
3 years ago
In 2019, Audrey claimed $2,100 on her Federal tax return for her Child and Dependent Care Expenses Credit. Her Federal adjusted
Maurinko [17]

Answer:

$1,050

Explanation:

Her adjusted gross income is $32,750, so she can claim maximum of 50% of Child and Dependent Care Expenses as CDC Credit

= $2,100 * 50%

= $1,050

So, the amount she can claim for the California Child and Dependent Care Expenses (CDC) Credit  is $1,050

5 0
3 years ago
On December 31, 20X4, Alan and Dave are partners with capital balances of $80,000 and $40,000, and they share profit and losses
lawyer [7]

Answer:

$24,000

Explanation:

For computing the implied goodwill, first, we have to calculate the total partners capital and total firm capital

Total partners capital = $80,000 + $40,000 + $36,000

                                    = $156,000

Now the total firm capital would be

= $36,000 ÷ 20%

= $180,000

Now the implied goodwill would be

= $180,000 - $156,000

= $24,000

3 0
3 years ago
Which of the following is true of debit cards?
8_murik_8 [283]

Answer:

D

Explanation:

5 0
3 years ago
Which of the following is a business that might need personal liability protection for its owner?
scoray [572]

Answer:

B: Doctors office

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Which country used a form of the welfare state before countries like the United States?​
    15·1 answer
  • Which of the following statements is correct?
    5·1 answer
  • In accounting What is revenue
    13·2 answers
  • Wyatt Oil is contemplating issuing a 20-year bond with semiannual coupons, a coupon rate of 7%, and a face value of $1000. Wyatt
    15·1 answer
  • Which of the following accurately describes the effect target costing has on the manufacturing design function? Select one: A. T
    15·1 answer
  • The approach to ethical behavior which proposes that actions and plans should be judged by their consequences, thus producing th
    9·1 answer
  • Disadvantages of unit trust investment​
    15·1 answer
  • Of the "Five C's of Credit" which do you think is most important in determining someone's credit worthiness? Why?
    15·1 answer
  • This type of interest is the most desirable.
    7·1 answer
  • If the demand for product x is inelastic, a 4 percent decrease in the price of x will.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!