Under the RULPA, a limited partner probably will not lose his limited liability in any of the following circumstances unless: ______
A) the limited partner becomes a contractor for, or an agent or employee of, the limited partnership or of a general partner.
B) the limited partner consults with and advises a general partner regarding the partnership business.
C) the limited partner votes on partnership matters, such as dissolving and winding up the limited partnership or removing a general partner.
D) the partners fail to file a limited partnership certificate.
D
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People who are primarily individualistic in their thinking and behaving have a/an______ orientation.
A. allocentric B. idiocentric C. geocentric D. anti-social
Holding too much idle cash can reduce a firm's profitability
Indicate whether the statement is true or false
A corporation reports the following year-end balance sheet data. The company's debt ratio equals: Cash$40,000 Current liabilities$75,000 Accounts receivable 55,000 Long-term liabilities 35,000 Inventory 60,000 Common stock 100,000 Equipment 145,000 Retained earnings 90,000 Total assets$300,000 Total liabilities and equity$300,000
A. 0.58 B. 1.27 C. 0.63 D. 2.07 E. 0.37
Every business person will need to write a negative business message that may disappoint, irritate, or anger a receiver; these messages must be written A) carefully
B) by top-level management only. C) using only the direct organizational strategy. D) deceitfully.