If not enough partnership cash or other assets are available to pay the withdrawing partner, a liability may be created for the amount owed the withdrawing partner
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Developing retail programs for small groups or individual customers is referred to as 1-to-1 retailing.
Answer the following statement true (T) or false (F)
The dollars available from each unit of sales to cover fixed cost and profit is the unit variable cost
Indicate whether the statement is true or false
Using the forward pass, the Early Start time (EST) and Early Finish time (EFT) for each activity are determined
Indicate whether the statement is true or false
If the Fed uses nonborrowed reserves, a reserve aggregate, as a target, an increase in the demand for reserves will result in a(n) ________ in ________
A) increase; nonborrowed reserves B) decrease; nonborrowed reserves C) increase; the federal funds interest rate D) decrease; the federal funds interest rate