All of the following are disadvantages that Sean should consider before entering a partnership agreement with his cousin except
A. lack of continuity.
B. effects of disagreements with his cousin.
C. the inability to get out the money he invests.
D. unlimited liability.
E. double taxation.
Answer: E
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Jerry enters a restaurant and hangs his coat in an unattended cloakroom near the entrance of the restaurant. Even though no employee of the restaurant is present, the provision of the cloakroom makes Jerry think it will be safe. In this situation, the restaurant is the bailor of Jerry's coat
a. True b. False Indicate whether the statement is true or false
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