If no fixed duration of the partnership is specified, the partnership is a partnership in perpetuity, which means that the partnership cannot be dissolved.
a. True
b. False

Answers

Answer 1

The answer is b. false.

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

Under the Act, a partnership will be automatically dissolved  if: a partner dies

·         a partner becomes bankrupt;

·         the court orders it to be dissolved;

·         it's illegal to carry on the business of the partnership;

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

a partner gives notice to dissolve the partnership to the other partners. The 

Related Questions

What profit margin do concessionaires strive to receive to cover their expenses?

Answers

Answer:

Business profit margin.

Explanation:

In general, it is defined as the ratio of profits earned to total sales receipts (or costs) over some defined period. The profit margin is a measure of the amount of profit accruing to a firm from the sale of a product or service. ... A low-cost producer in an industry would generally have a higher profit margin.

Profit margin gauges the degree to which a company or a business activity makes money, essentially by dividing income by revenues. Expressed as a percentage, profit margin indicates how many cents of profit has been generated for each dollar of sale.

How would you expect a drought to influence the ppf for onions​ (on the x​-axis) and other goods and services​ (on the y​-axis)? how would you expect the drought to change the opportunity cost of producing​ onions? a drought that limits onion production would shift the ppf​ _____ and​ _____ the opportunity cost of producing onions.
a. ​inward; decrease
b. ​inward; increase
c. ​outward; decrease
d. ​outward; increase?

Answers

.How would you expect a drought to influence the PPF for onions (on the x -axis) and other goods and services (on the y -axis)? How would you expect the drought to change the opportunity cost of producing onions?A drought that limits onion production would shift the PPF _____ and _____ the opportunity cost of producing onions. A. inward; decrease B. outward; increase C. outward; decrease D. inward; increase

Business ethics concerns:
a. the application of ethical principles and standards to business activities, behavior, and decisions
b. picking and choosing among the consensus ethical standards of society to arrive at a set of ethical standards that apply directly to operating a business
c. developing a consensus among companies worldwide as to what ethical principles that businesses should be expected to observe in the course of conducting their operations
d. what ethical decisions should be expected of company personnel in the course of doing their jobs

Answers

ethics refers to acceptable conduct in any setting therefore it concernscconcerns the behaviour thebehavioithbusiness

Final answer:

Business ethics is the application of ethical principles to business activities and decisions, encompassing the development of organizational codes of ethics and addressing a variety of moral dilemmas within a business context.

Explanation:

Business ethics concerns the application of ethical principles and standards to business activities, behavior, and decisions. It involves creating codes of ethics within organizations to outline permissible actions for both the organization as a whole and individual employees, addressing matters like bribery, discrimination, and whistleblowing. Furthermore, business ethics extends to the contemplation of environmental and social goals as well as building and maintaining trust and goodwill within society.

Within the broader study of ethics, applied ethics is a branch that focuses on the application of moral norms and principles to specific controversial issues. Applied ethics is a critical aspect of business ethics, where challenging decisions often need to be made regarding the rightness of specific actions within a business context. Discussions around this can include the relationship of firms with employees and shareholders, affirmative action, and ethical considerations surrounding emerging technologies such as artificial intelligence.

_____ costs include expenses for items such as supplies, equipment rental, and software leases.

Answers

Answer:

The correct answer would be, Operational Costs or Operational Expenses.

Explanation:

Operational expenses or Operational Costs are the cost that are on going. These are not fixed costs. These are the costs which a company considers as the cost of operating the business. The costs which incurs while operating the business for example, Supplies, equipment rental, software leases, accounting expenditures, depreciation of fixed assets, property taxes, legal fee, Insurance costs, etc, are categorized under the Operating Expenses.

Which factor does not affect the elasticity of demand for a good?

Answers

An increase in population

Answer:

an increase in population xxxxxxxxxxxx---- Answer

the importance of the good to the consumer

the consumer’s perception of the good as necessity or luxury

the availability of substitute goods

Explanation:

I just got 100% on this test

GRADPOINT

The first step in managing it security is to develop a _____ based on confidentiality, integrity, and availability.​
a. ​risk policy
b. ​security policy
c. ​threat report
d. ​concealment report

Answers

The first step in managing IT security is to develop a security policy based on confidentiality, integrity, and availability.​ A security policy is what is secured for a system, organization or another entity. This keeps make sure that all important information is kept secure and only available to those tho should have access to it. 

Final answer:

To manage IT security effectively, the first step is to create a security policy that incorporates the CIA triad's principles, thereby laying down the procedures for protecting an organization's digital assets.

Explanation:

The initial step in managing IT security is to develop a security policy based on the principles of confidentiality, integrity, and availability, commonly referred to as the CIA triad. A security policy is a comprehensive plan that outlines an organization's implementation of security measures to protect its resources and data. This foundational document will guide the organization in handling and mitigating various cyber threats, ensuring that sensitive information remains confidential, is not altered improperly, and is available to authorized users when needed.  Option b is correct . Confidentiality ensures that information is accessible only to authorized individuals, integrity ensures that the information is accurate and reliable, and availability ensures that the information is accessible when needed. By developing a security policy based on these principles, organizations can effectively manage IT security risks and protect their assets.

Sandy, gale, and marylou are on the board of directors for an area non-profit organization. at a recent meeting, guest david delivered a rousing speech on how group leadership is often too complex and that non-profits could often be better served by a ceo and no board of directors. sandy emphatically disagreed with david stating that not having the board could open the organization up to massive levels of corruption. gale agreed with david and feels that maybe the organization might do better if only one of the ladies were in charge, mainly herself. marylou chose not to comment on the matter, thus leading sandy to assume that she agreed with her. it could be said that sandy and gale are suffering from ________.

Answers

It could be said that sandy and gale are suffering from group think and group shiftGroup think is defined as making decisions as a group which takes individuality away from an individuals thoughts and does what the group wants overall. Group shift is when there is an pull towards a position that a person is making the decision on that would be different if they weren't in a group setting. 

The federal government often spends more money than it takes in each year. it then borrows money to make up the difference. what is this called

Answers

It is called a deficit.

Name and describe the three C’s used in determining a person’s willingness and ability to repay debts.

Answers

Hewo my friend!

 Character is based on a person's reputation for honesty and financial history. Capacity is a person's ability to earn money and pay debts. Capital is a person's financial worth.

Which group represents arguments for free trade group a group b?

Answers

Group A - Consumers have a larger variety of good and services to choose from
- U.S companies should be forced to keep prices low
- a better climate is created for investment and entrepreneurship

Answer:

Group A is correct option which best describes the free trade implications.

Explanation:

When the Free trade agreements are signed the consumers have variety of options available because now there are no tariffs or trade barrier imposed on the product coming from other countries. This means that the customer in US can consider products coming from Canada and Mexico as an alternative to native companies.

Now the revenue losses from the free trade agreements of the native companies will start increasing because now there are greater number of competitors in the US market. All they have to do is lower their cost to decrease their prices to compete foreign companies.

When the FTA is formed, the companies shift their manufacturing operations to a country where the infrastructure costs, labor costs lower and utility costs lower. Such circumstances creates favorable situations for the foreign investments.

A company that uses telephone marketing to sell its products to customers is said to be using the promotion tool of ________.

Answers

Telemarketing and the technique used is called cold calling

The Zero Tolerance Law Means

Answers

the zero tolerance law means that anyone under the age of 21 is not allowed to drive with even the smallest amount of alcohol in their system

The Zero Tolerance Law includes policies that require a harsh punishment for certain violations with no regard for context. In policing, it is believed to deter serious crime by cracking down on minor offenses, while in schools, it mandates strict punishments like suspension or expulsion without discretion. These policies are contentious and may not always be effective in decreasing violence or maintaining order.

The Zero Tolerance Law refers to policies that mandate a predetermined, typically harsh punishment for specific offenses. In law enforcement, this can result in Zero Tolerance Policing, where police target minor crimes to deter more serious crimes, under the assumption that disorder can lead to more significant criminal activities. In the educational sphere, zero tolerance can lead to strict consequences like suspension or expulsion for policy violations regarding weapons or hate speech, regardless of context or intent. However, research indicates that such stringent policies may not reduce violence and could potentially increase it, implying that they might not always be effective in fostering safer environments.

Examples of the negative effects include the suspension of a 6-year-old for bringing a camping utensil to school or a ninth-grader penalized for confiscating a weapon from a threatening peer. Despite their intentions to maintain order, zero tolerance policies are often criticized for their lack of discretion and potential for unintended consequences.

When applied to issues like hate speech on campuses, proponents argue that zero tolerance could potentially prevent violence and confrontations by setting clear, non-negotiable boundaries for behavior. However, critics highlight the potential impacts on individual freedoms and the complexity of enforcing such broad policies.

What is the smallest unit of data on the hard drive? folders sectors gigabytes clusters?

Answers

well everything else on google says a sector so sector im guessing...

The badys and their maid, alice, took a trip to hawaii for their summer vacation. the travel agent told ike bady that the trip would cost $210 for each child plus another $315 per adult. according to ike's credit card receipt, the trip cost a total of $2,205 for all 9 of them. find the number of adults and children on the trip by writing and solving a system of equations.

Answers

Let x be the number of children
Let y be the number of adults

Equation 1: x + y = 9
Equation 2: y = 9 - x

           210x + 315y = 2205
     210x + 315 (9-x) = 2205
210x + 2835 - 315x = 2205
            2835 - 2205 = 315x - 210x
                         630 = 105x
                  630/105 = 105x/105
                             6 = x

There are 6 numbers of children.

To get the y, use the Equation 2: y = 9 - 6 ---> y = 3
Therefore there are 3 adults on the trip.

A possible risk from a business move is called _____ risk.

Answers

Answer:

Strategic Risk

Explanation:

A possible risk from a business move is called a strategic risk.

Final answer:

A possible risk from a business move is called business risk.

Explanation:

Business risk encompasses a range of potential negative outcomes which can arise due to decisions and actions taken by the business, changes in the market, or external events beyond the control of the business. Some repercussions associated with encouraging risk-taking in an organization might include financial losses, reduction in market share, and potentially damaging impacts on reputation. Moral hazard is one specific type of business risk where a party in an economic transaction exploits another's ignorance.

Moreover, a business can face sunk costs, meaning investments that cannot be recovered if the business fails. High investment in non-transferable fixed assets and high redundancy costs are examples of risks which can lead to significant financial detriment if the business needs to alter its course or close down. Risk management strategies, such as transferring risk through insurance, are essential to mitigate potential business risks.

When creating a business plan, what should be the first thing you do? What order should the parts be created?

Answers

I think the first thing you should determine your purpose of the business,build your vision,and test your business idea

Which one of the following choices is the responsibility of the team leader? Set project expectations Outline the ideas to be discussed Determine ideas with the most merit Confirm members complete assigned tasks

Answers

Which one of the following choices is the responsibility of the team leader? Outline the ideas to be discussed. The project manager will set the goal of the project and then the team leader is in charge to help outline to all members what the project should entail. It is important to make sure all members complete their part to have one completed project for everyone on the team to receive the same outcome from. Team settings are great for diversity but all members must work together. 

Final answer:

The responsibility of the team leader is to ensure that all team members complete their assigned tasks and to manage time effectively to meet project deadlines.

Explanation:

The responsibility of the team leader is to confirm members complete assigned tasks. This involves establishing clear deadlines, ensuring all team members understand their responsibilities, and managing both individual and group time effectively to meet project objectives. Moreover, leaders must facilitate collaboration by coordinating with team members on the use of necessary technologies, adjusting duties when necessary, and assisting in ensuring that project expectations are met. The success of the project is often determined by the ability of the team leader to respond to challenges and by ensuring that every group member is contributing effectively.

What part of the offered deal is the interest rate?

Answers

Interest rates are the portion of the loan that is charged to the borrow from the lender. The number is represented as an interest rate as an annual percentage. The annual percentage is divided into a monthly percentage and then is added to the loan payment each month. 

Answer:

1. C

2. A

3. C

welc

Explanation:

How many years do you have to go to college to be a computer technician?

Answers

Becoming a computer engineer requires an extensive college education that can take from 4 -7 years to complete.
In the first 2 years of a bachelor's degree program, you typically finish computer engineering prerequisites and general education courses.

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bill nye's history of the united states

Answers

I would say that is an alright deal you get prime video and music 
Final answer:

The provided text is a product listing on Amazon for a book. It explains purchase options, such as ordering now for delivery when restocked or buying the Kindle edition to start reading immediately, and perks like free shipping for Amazon Prime members.

Explanation:

The text provided appears to be a product listing for a book titled "Bill Nye's History of the United States" on Amazon. When a product is listed as "temporarily out of stock", it indicates that Amazon currently does not have any more units of the product in their warehouses, but they expect more to come in. Customers can still 'order now and receive the item when it becomes available. There is also a suggestion to try the Kindle edition instead of waiting for a physical copy. 'Free shipping for prime members', means that Amazon Prime members will not be charged additional shipping fees.

Learn more about Amazon listing here:

https://brainly.com/question/34363711

#SPJ12

What are the advantages and disadvantages of Frito-Lay drivers stocking their customers’ shelves?

Answers

What are the advantages and disadvantages of Frito-Lay drivers stocking their customers’ shelves? The disadvantages are the cost and time spent having the drivers restock themselves. When they take this role over it is necessary to have enough drivers to ensure everywhere is being stocked on time. The advantages are they know how the company wants their products displayed. They also don't have a lag time of the stores employees restocking the shelves because it goes straight from the truck to the shelf. 

In Frito lay there is no waiting period for health care, paid vacation facilities, etc. the following statement explains the diver's stocking

What advantages does Frito-Lay provide?

There is no waiting period for health care or insurance benefits.To build retirement savings, combine a pension with a 401(k) match.Financial coaching and mental health benefits are provided at no cost.Each year, you can earn up to $300 in rewards for participating in wellness activities.Paid vacation and ten paid holidays

Disadvantages:

The costs and time spent having the drivers restock themselves are the drawbacks. When they take over this role, they must have enough drivers to ensure that everything is stocked on time.

Advantages:

The benefits are that they understand how the company wants its products displayed. They also don't have to wait for store employees to restock the shelves because it goes directly from the truck to the shelf.

Therefore, the above explanation aptly describes the statement.

Learn more about  Frito-Lay here:

https://brainly.com/question/16038897

a person earning minimum wage is probably working at a job what skill level

Answers

Entry Level, not completely sure but i hope this helps.

Last month a manager's operation achieved $60,000 in food sales and$40,000 in beverage sales. the manger's cost of sales for food was $15,000 and cost of sales for beverages was $8,000. what was the manager's cost of sales percentage for food last month

Answers

To find the percentage of cost, we simply divide the amount made by selling food by the cost of buying the food:
15000/60000
We can simplify this:
15/60
Divide:
15/60=1/4, or 25%
The percentage of the cost of sales is 25%

What is the result of inadequate competition?

Answers

the deveelopment of monopolies, inefficient use of resources, excessive political influences by business

Janicex co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 6 percent thereafter. if the required return is 11 percent and the company just paid a dividend of $1.90, what is the current share price

Answers

answer: $ 63.30 ± 1%

Why does doing research help a company succeed?

Answers

Research supplies background knowledge on a certain topic. By doing this, you are preparing your company to succeed.
I hope this helps!
Researching can help a business succeed by informing you of popular trends, etc. This question honestly depends on the type of business and what type of research you'll be doing. 

If Ted wants to buy a house and believes that interest rates will rise, he should __________. apply for a fixed-rate mortgage apply for an adjustable-rate mortgage use his credit card wait until a better time

Answers

Apply for a fixed rate mortgage

Writing in the new york times on the technology boom of the late​ 1990s, michael lewis​ argues, 'the sad​ truth, for​ investors, seems to be that most of the benefits of new technologies are passed right through to consumers free of​ charge.' what does lewis means by the benefits of new technology being​ "passed right through to consumers free of​ charge'?

Answers

He means that in the long-run, the price is equal to minimum average total cost. In this sense, people consumers receive the new technology "free of charge". 

You purchase 20 shares of common stock at $15.20 per share. a few months later, you sell the shares for $10.12. no dividends were paid. your stockbroker charges 2.5% commission on transactions of less than 100 shares. determine the gain (or loss) of the stock transaction. round your answer to the nearest cent.
a. a gain of $114.26
c. a gain of $197.34
b. a loss of $114.26
d. a loss of $197.34

Answers

Purchased common stocks: 1.025 x 20 shares x $15.20 = $311.60
Sold common stocks: (1 - 0.025) x 20 shares x $10.12 = $197.34

To get the gain or loss of the stock transaction:
$197.34 - $311.60 = ($114.26) 

Negative result signifies loss.

The answer is there is a loss of $114.26

The stock transaction resulted in a loss of $114.26. The purchase cost including commission was $311.60, and the net selling amount was $197.34. Therefore, the correct answer is option b. a loss of $114.26.

You purchase 20 shares of common stock at $15.20 per share. A few months later, you sell the shares for $10.12. No dividends were paid. Your stockbroker charges 2.5% commission on transactions of less than 100 shares. Determine the gain (or loss) of the stock transaction. Round your answer to the nearest cent.

Calculate the total cost of the stocks when purchased:

Purchase Cost = 20 shares * $15.20 per share = $304.00

Calculate the commission paid on the purchase:

Purchase Commission = 2.5% * $304.00 = $7.60

Calculate the total amount received from selling the stocks:

Selling Amount = 20 shares * $10.12 per share = $202.40

Calculate the commission paid on the sale:

Selling Commission = 2.5% * $202.40 = $5.06

Calculate the net amount received after selling:

Net Selling Amount = $202.40 - $5.06 = $197.34

Calculate the net loss from the transaction:

Net Loss = Purchase Cost + Purchase Commission - Net Selling Amount = $304.00 + $7.60 - $197.34 = $114.26

Therefore, the stock transaction resulted in a loss of $114.26. The correct answer is option b. a loss of $114.26.

A person that contracts out their services to (or work for) associations and corporations and plan meetings down to the last detail is a(n)_____.

Answers

A person that contracts out their services to (or work for) associations and corporations and plan meetings down to the last detail is a meeting plannerA meeting planner/scheduler is a job that someone can fill in an organization if they are looking for an employee to schedule, track and manage meetings. It is easy to get side tracked in meetings so having them planning and scheduled helps keep everyone on track.

Final answer:

A professional who provides detailed event planning services for corporations and associations is known as a meeting or event planner. They ensure successful meetings and can benefit the host organization with expanded outreach, diversity, and cost-effectiveness. An in-house lobbyist is someone who lobbies for their employer.

Explanation:

A person who contracts out their services to associations and corporations and plans meetings down to the last detail is often referred to as a meeting or event planner. This professional is skilled at organizing and coordinating all aspects of corporate meetings and events, ensuring a smooth and successful experience for both the host organization and the participants. Partnering with organizations for event planning can be highly beneficial, as it can lead to expanded outreach by tapping into multiple networks, promoting diversity among attendees, and realizing cost savings by combining resources.

When it comes to lobbying on behalf of their employer, a person who undertakes such activities as part of their job might be known as an in-house lobbyist. This differs from a volunteer lobbyist, who would perform such duties on a non-paid, voluntary basis.

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