When a date for dissolution is set in the partnership agreement, the partnership cannot be dissolved before that date.?
Indicate whether the statement is true or false
False
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Identify the right statement regarding the effects of unions on company performance.
A. The introduction of a union invariably results in the employer paying less attention to employee ideas. B. Most studies show that union workers are less productive than nonunion workers. C. As a result of the type of pay system favored by unions, employees are more inclined to compete than cooperate. D. On average, union members receive higher wages and more generous benefits than nonunion workers. E. Evidence shows that unions have a large positive effect on profits.
Marketing channels exist to create utility for customers. The major categories of channel utility include all of the following except:
A) place utility. B) price utility. C) information utility. D) form utility. E) time utility.
Grant exchanges a parcel of land for a building. Both are investment properties for Grant. In addition to the building, which has a basis of $12,000, Grant receives $10,000 cash. The parcel of land has a fair market value of $22,000 and an adjusted basis of $10,000. What is Grant's recognized gain or loss due on this transaction?
A. $-0- B. $10,000 C. $12,000 D. $16,000 E. $22,000
Which of the following is most likely a service company?
A) a law firm B) a car dealership C) a grocery store D) a bakery