A third party can sue one of the partners of a partnership without suing all members of the partnership.?
Indicate whether the statement is true or false
True
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A vice president of a shoe company was in India to assess the market. He found that many people in the southern part of India were walking bare footed. This can be indicative of either the fact that there is a potential market for shoes or there is no market for shoes in that part of the world. To formally confirm one instinct or the other the vice president should:
A) establish an office to start manufacturing shoes in India. B) give free shoe samples to a selected group of customers. C) conduct research to find potential and actual customers. D) find out if that is true for other Asian countries. E) give up the idea of doing business in India.
Copper, Inc purchased merchandise worth $1,800 on credit, terms n/30. What is the required journal entry to record the transaction under the periodic inventory system?
A) Accounts Receivable 1,800 Purchases 1,800 B) Purchases 1,800 Accounts Payable 1,800 C) Merchandise Inventory 1,800 Accounts Payable 1,800 D) Accounts Payable 1,800 Merchandise Inventory 1,800
The Sherman Act is the only major antitrust act that includes criminal sanctions
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A company regularly conducts classes in moral philosophy for its employees. In addition, it ensures that whistleblowers are protected from ostracism or mistreatment. These measures have been specifically taken to
A. develop a compliant workforce in the organization. B. create an ethical climate in the organization. C. establish an ethnocentric work environment in the organization. D. increase punitive actions against wrongdoers in the organization. E. stay away from ethical dilemmas in the organization.