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Setler [38]
4 years ago
7

If no fixed duration of the partnership is specified, the partnership is a partnership in perpetuity, which means that the partn

ership cannot be dissolved.
a. True
b. False
Business
1 answer:
arsen [322]4 years ago
7 0

The answer is b. false.

In the absence of a partnership agreement on fixed duration, the Partnership Act 1890 may apply.

<span>Under the Act, a partnership will be automatically dissolved  if: a partner dies</span>

<span>·         </span>a partner becomes bankrupt;

<span>·         </span>the court orders it to be dissolved;

<span>·         </span>it's illegal to carry on the business of the partnership;

<span>·         </span><span>the partnership was created meet a goal and this  specific objective or the project is complete; or</span>

<span>a partner gives notice to dissolve the partnership to the other partners. The </span>
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Which legal doctrine allows the use of copyrighted works for purposes that benefit the public, such as teaching and news reporti
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The legal doctrine that allows for the usage of copyrighted works for certain purposes is known as the <u>"Fair Use" doctrine.</u>

<h3>The "Fair Use" doctrine</h3>
  • Became federal law by the passing of the Copyright Act of 1976.
  • Allows for usage of copyrighted material for teaching, news reporting, and research among others.

This means that when copyrighted work needs to be used in areas covered by this doctrine, the users do not have to ask for permission from the owners of the work.

In conclusion, this is The "Fair Use" doctrine.

Find out more on The "Fair Use" doctrine at brainly.com/question/1268530.

5 0
3 years ago
9) what is one downside of using a savings account instead of a checking 1pc
White raven [17]

Savings account has a limit of 6 withdrawals per month, while checking account does not, is s one downside of using a savings account instead of a checking account.

<h3>What is meant by checking account?</h3>

Checking account is the regular account that facilitates the customer to deposits a withdrawal the money any time with no number of limit.

Checking accounts provides the limitless translation to the customer, and for this use businessman or businesswomen uses this account.

Thus, option B is correct.

For more details about checking account, click here:

brainly.com/question/22857190

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4 0
2 years ago
What effective time management tools should human resources managers use to make effective use of their time when it comes to co
olasank [31]

Answer:

The answer is below

Explanation:

They are various Time Management Tools in which an individual can use to manage his or her time effectively. Thus, human resources managers can use any of the listed time management tools in order to make effective use of their time when it comes to coping with demands, constraints, and choices confronting them:

1. To Do List

2. Calendar

3. Address Book

4. Notebook

5 0
3 years ago
Why is it important to be fiscally responsible?
motikmotik
So you can have food, shelter and help your damily
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3 years ago
Labor economists often study the returns on investment in education (see, e.g., Card 1999). Suppose we have data on salaries of
stira [4]

Answer:

a. The intercept terms beta0 depicts the minimum amount of salary that a person will be earning if the person is not a college graduate. beta1 depicts that if a person is a college graduate, then the salary of the person increases by \beta 1 units.

b. The error term include all other variables impacting salary of the person other than the the person being a college graduate.

c. The independent variable X will be endogenous when salary plays an important role in determination of whether a person is college graduate.

d. yes, independent variable can be endogenous in some cases when dependent variable Y is impacting the independent variable X.

e. Endogeneity can lead to relaxation of one of the important assumption of Ordinary Least Squares (OLS) which considers independent variable to be endogenous. This will lead to the problem of multi collinearity. The Simultaneous Equation model can be used in this case rather than OLS model.

Explanation:

5 0
3 years ago
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