Answer:
A partnership's allocations of income and deductions to the partners are required to be proportionate to the partners' percentage ownership of partnership profits in order to meet the substantial economic effect tests.
True
Explanation:
Equity and equality must be put in place as a yardstick to allocate such which would bring a common ground for both parties.
Answer:
The question is missing the below options:
A. par value
B. par value less a discount
C. par value plus a mark-up
D. par value plus a commission
The correct option is A, par value
Explanation:
Securities such as the Federal Farm Credit System bonds are usually sold to the public through a chain of issuing houses consisting of bank and brokers who traditionally sell to the public at par value.
The consequence of selling at par is that these issuing houses charge a percentage of par value as their commission before remitting the balance to the beneficiary of bonds issuance.
In other words, the agency issuing the bonds must consider the commission payable before deciding on the bonds to be issued.
Answer:
B) no longer applies.
Explanation:
Based on the information given the perfect tender rule will NO LONGER APPLIES because the seller which is Cattle Ranch is yet to deliver the cattle to Beef Burgers, Inc before the outbreak of the disease causes a quarantine of the ranch, which is why the perfect tender rule states that a buyer is only permitted to reject goods that is been delivered to him or her from a seller only in a situation where the seller's delivered the goods in way that are not perfect or that does not meet the contract agreement between both the buyer and the sellers or in a situation where the goods did not conform to the description which may make the buyer to legally reject the goods delivered.
Therefore based on above scenario between Beef Burgers, Inc the buyer and Cattle Ranch the perfect tender rule will NO LONGER APPLIES .
Validated changes and validated deliverables are the outputs of the monitoring and controlling sub-process of project quality management.
Project quality management is the process in which the quality of all activities is measured continuously and taking the corrective action until the desired quality is achieved.
Quality management processes help the organization to control the cost of a project, after controlling the cost of project standards are established and the steps in achieving and confirming those standards are determined.
Effective quality management of a project must lowers the risk of product failure or unsatisfied and unhappy clients.
Project quality management occurs with these three processes:
Quality planning
Quality assurance
Quality control
To learn more about project quality management here:
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