If a partnership agreement does not fix the ratio of sharing the profits and the losses, they are to be shared in proportion to the contribution of capital

Indicate whether the statement is true or false


False

Business

You might also like to view...

Consider Figure 5.3. If SSweden+Quota represents the supply schedule after a quota is levied, Sweden's imports will equal

a. 6 apples. b. 8 apples. c. 10 apples. d. 12 apples.

Business

The number one asset of a strong negotiator is his or her preparation.

Answer the following statement true (T) or false (F)

Business

Jessica tells her audience about her five years' experience as a social networking professional helping over 100 local businesses learn to use social networking as an effective marketing tool. Jessica is attempting to A) capture her listeners' attention and get them involved

B) preview the main points of her presentation. C) present the main goals of her presentation. D) identify herself and establish credibility.

Business

Anna is 88 years old and under the legal guardianship of her daughter. One day Anna receives a telephone call from a health insurance salesman and purchases a $400-a-month Medigap insurance policy. This contract is:

a. valid. b. voidable. c. void. d. unenforceable.

Business