Oil Reserves, Inc, and Petro Refining Corporation form a joint venture to design and test petroleum storage facilities and equipment. When a dispute arises, Oil files a suit against Petro. The court is most likely to apply the same principles to this joint venture as it applies to?
A) sole proprietorships
B) limited liability companies.
C) corporations.
D) partnerships.
D
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The Open Market Desk is located at
A. the Federal Reserve Bank of Boston. B. the Federal Reserve Bank of Philadelphia. C. the Federal Reserve Bank of New York. D. the Federal Reserve Bank of Chicago.
The primary function of an application or resume is to ______.
a. screen applicants to select the top candidates to proceed b. provide the basis for interview questions c. predict job success d. allow for the selection of a diverse pool of candidates to interview
The effect of recording depreciation for the year is a(n):
A) decrease in assets and a decrease in net income. B) decrease in assets but no change in owners' equity. C) increase in assets and an increase in net income. D) decrease in net income and no change to assets.
Debentures are expected to have a lower yield than secured bonds because the debentures are more
risky and therefore less desirable. Indicate whether the statement is true or false