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neonofarm [45]
3 years ago
13

in a general partnership, ________. (2pts) Question 39 - In a general partnership, ________. Select no decision is binding unles

s all partners agree to it in writing as your answer no decision is binding unless all partners agree to it in writing Select each partner is held responsible for an agreement/decision made by any one of the partners as your answer each partner is held responsible for an agreement/decision made by any one of the partners Select no partner can be held legally responsible for decisions since the partnership itself is a legal entity as your answer no partner can be held legally responsible for decisions since the partnership itself is a legal entity Select partners can be held responsible only for decisions they make personally as your answer partners can be held responsible only for decisions they make personally
Business
1 answer:
faltersainse [42]3 years ago
5 0

Answer:

each partner is held responsible for an agreement/decision made by any one of the partners

Explanation:

A partnership can be defined as a type of business ownership in which two or more individuals come together to start up a business and share the profits made together.

Limited partnerships have two classes of partners. These two (2) classes are;

1. Limited partner: it is a type of partnership in which people come together and have an agreement to do business but the involved partners only contribute financially and solely responsible to the amount of money they invested.

2. General partner: it is a type of partnership in which two or more people come together and have an agreement to do business by sharing profits, assets, debts or financial and legal liabilities.

In a general partnership, each partner is held responsible for an agreement or decision made by any one of the partners.

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Customer complaints communicated directly to the company and no one else are important because Group of answer choices they can
OverLord2011 [107]

the correct answer is (e) which is all of the above.

Explanation: Customers are king, their satisfaction is the ultimate goal for a business.  Unsatisfied customer are difficult to retain as well, hence, their problems  must always be welcomed and solved. It also aware the firm or give an idea about what needs to be changed or added. Negative word of mouth is also prevented. Its a chance for an organization to convert dissatisfied customer into highly satisfied customers and chances of retention increases as well.

3 0
3 years ago
the observation that a country reached automotive production overcapacity in 2018, is an aspect of the segment of the general en
rodikova [14]

The observation that a country reached automotive production overcapacity in 2018, is an aspect of the global segment of the general environment

<h3>What an environment</h3>

An environment includes everything that makes up the earth. This include people, animals, plant, economy, business, culture etc. They all have a role to play in the day to day activities and how an individual act and react.

The global segment of environment is the aspect that affects all countries and people.

Therefore, the observation that a country reached automotive production overcapacity in 2018, is an aspect of the segment of the general environment

Learn more on environment below

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5 0
2 years ago
Kreter, Inc. earned net income of $300,000 last year. This year it wants to earn net income of $450,000. The company's fixed cos
Minchanka [31]

Answer:

sales is $2,500,000

Explanation:

The target sales for the company to achieve a net income of $450,000 in the current year equals the net income plus variable cost plus the fixed costs.

To understand this better,let us use the net income formula:

net income=sales-variable costs-fixed costs

by changing the subject of the formula,we the formula for sales:

sales=net income+variable costs+fixed costs

variable costs=sales*70%=0.7 sales

sales=$450,000+$300,000+0.7 sales

sales-0.7 sales=$750,000

0.3 sales=$750,000

sales=$750,000/0.3=$2,500,000

8 0
4 years ago
Cindy earned a 10 percent increase in her salary and received the entire increase at the beginning of the year, with the stipula
sammy [17]

Answer:

Lump-sum salary increase.

Explanation:

A lump-sum salary increase is an amount paid instead of increase in salary. It is not added to the fixed base salary, it is instead given in the form of a single cash payment, as it is the case with Cindy here. This is why it is also known as lump sum bonus, because it is given as a single payment, as it was in Cindy’s case, all given at the beginning of the year.

7 0
3 years ago
Partially completed units in ending work in process are 100 percent complete with regard to their direct materials costs if the
Rudik [331]

Answer:

TRUE

Explanation:

As the direct materials are introduced at the beginning of the process the only factors which are not completed are the conversion cost which are: labor cost and manufacturing overhead.

The equivalent units will be calculated using a 100% of completion in raw materials.

5 0
3 years ago
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