Which of the following would be most important factor for a court in deciding whether a partnership exists?
A) That there was no written or oral partnership agreement.
B) An allocation of duties among the parties
C) Evidence the parties carried on business together with an intention to share profits and losses.
D) The use of the parties' personal names in the partnership's business name
E) The evidence the two parties worked together on the same business venture.
C
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All of the following are audience members’ learning styles that a skilled speaker has to take into account when preparing a speech, EXCEPT
a. aural learners. b. visual learners. c. mediatic learners. d. thinking learners.
From a customer's perspective, value reflects
A. the balance between needs and wants. B. the relationship of benefits to costs. C. the need for value and the perception of value. D. the need for product improvement. E. explicit versus implicit value.
Which of the following did the authors suggest as a strategy for monitoring the appropriate price for your product?
a. testing the effect of price changes on demand for the product b. lowering the price as sales drop c. adjusting the price relative to the increase or decrease of the cost of goods to produce it d. examining competitor prices
The following information is for Lattimore Company for Year 2: Beginning inventory200 units @ $108Purchase May 12100 units @ $130Purchase October 9150 units @ $132Sales360 units @ $180Required: Assuming that Lattimore uses the LIFO cost flow method: a) Determine the cost of goods sold during Year 2.b) Determine the inventory balance at the end of Year 2. c) Calculate the average number of days to sell inventory for Year 2.(Round your answer to the nearest day.)
What will be an ideal response?