Does a new partner in a firm have personal liability for debts existing when he joined the firm? What should a prospective partner do to avoid unreasonable liability?
No, only his capital contributions are subject to the debts. A prospective partner should be aware of the partnership's current financial status, particularly liabilities and outstanding contracts.
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Communication that involves one person speaking to many is called ______.
a. interpersonal communication b. public communication c. mass communication d. mediated communication
How a customer defines desired levels of service is more likely to change than how adequate levels of service are defined.
Answer the following statement true (T) or false (F)
Which of the following is not a component of a venture’s business model
a. R&D Model b. Approach to production and fulfillment c. Customer Profile d. Go-to-Market
Holt and Collins decide to have their dispute arbitrated by Corrales. Which of the following will NOT be a result of the arbitration?
a. Corrales will render a binding decision. b. Holt and Collins retain the right to a class action. c. Holt and Collins give up the right to discovery. d. Corrales need not give reasons for the decision.