A general partnership is formed without any formality and no documents need be filed with the state
a. True
b. False
Indicate whether the statement is true or false
True
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The purchase of office equipment at a cost of $3,600 with an immediate down payment of $1,000 and agreement to pay the balance within 60 days is recorded by:
a. A debit of $3,600 to Office Equipment, a credit of $1,000 to cash, and a credit of $2,600 to Accounts Payable. b. A debit of $2,600 to Accounts Receivable, a debit of $1,000 to Cash, and a credit of $3,600 to Office Equipment. c. A debit of $3,600 to Office Equipment, a credit of $1,000 to Cash, and a credit of $2,600 to Accounts Receivable. d. None of these choices
The original process of becoming a team, developed by psychologist Bruce Tuckman in 1965, included four stages. Which stage below was not one of the original four?
a. Forming b. Norming c. Adjourning d. Performing
What does it mean to say that a paralegal may not give legal advice? Why is it a prohibition that can be difficult for paralegals to follow?
What will be an ideal response?
When did the U.S. government become more deeply involved in business than it had been previously?
A. In the early 1920s B. After Franklin D. Roosevelt became president C. After the Vietnam War D. During the social responsibility movement during the 1960s E. After the Korean War