A partner's liability for partnership debts is limited to his capital contribution

Indicate whether the statement is true or false


False

Business

You might also like to view...

Answer the following statements true (T) or false (F)

1.The specific-factors theory analyzes the income distribution effects of trade in the short run when resources are immobile among industries. 2.Owners of resources specific to export industries tend to lose from international trade, while owners of factors specific to import-competing industries tend to gain. 3.The factor-price equalization theory is a short-run version of the specific-factors theory. 4.With economies of scale, specialization in a few products allows a manufacturer to benefit from longer production runs, which lead to decreasing average cost. 5.With decreasing costs, a country has an incentive to partially specialize in the product of its comparative advantage.

Business

The data presented below is for Craft, Inc for 2015. Credit sales during the year $2,100,000 Accounts receivable—December 31, 2015 295,000 Allowance for doubtful accounts—December 31, 2015 28,000 Bad debt expense for the year 17,000 What amount will Craft show on its year-end balance sheet for the net realizable value of its accounts receivable?

a. $295,000 b. $267,000 c. $250,000 d. $ 28,000

Business

List and briefly discuss the fours steps in developing new customer solutions with the help of a product's lead users

What will be an ideal response?

Business

Demographic data can provide insight into the living standards and lifestyles in a particular country to help companies plan ad campaigns.

Answer the following statement true (T) or false (F)

Business