Which of the following is not true about partnerships?
a. All liabilities are co-owned by the partners; b. Interest paid to partners is calculated using the balance in the capital account; c. Income or losses are shared by the partners according to the partnership agreement; d. Total salaries paid to partners cannot exceed net income; e. The death of a partner does not
require a liquidation of the partnership
D
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Managers need to possess ______, or the ability to relate to other people.
What will be an ideal response?
Use this resource load chart to determine which activity uses the greatest number of resources
A) Activity A B) Activity B C) Activity C D) Activity D
A(n) ________ is an agreement between two or more parties that is enforceable by law.
A. trust B. contract C. understanding D. None of these.
In a protean career, employees do not take responsibility for managing their careers.
Answer the following statement true (T) or false (F)