Under partnership law, ________ have the right to manage the affairs of the limited partnership
A) angel investors
B) sole proprietors
C) limited partners
D) general partners
D
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When Marion convinced a customer to replace his old Pondmaster 1000 aquarium filter with the new and improved Pondmaster 1500, she was engaging in:
A. incremental selling. B. cross-selling. C. upgrading. D. repositioning. E. full-line selling.
Retailers study traffic flow, street congestion, and parking space availability when considering a new store site to determine the potential site's
A. visibility. B. parallel tenants. C. adjacent tenants. D. availability. E. accessibility.
A company used straight-line depreciation for an item of equipment that cost $12,000, had a salvage value of $2,000 and a five-year useful life. After depreciating the asset for three complete years, the salvage value was reduced to $1,200 but its total useful life remained the same. Determine the amount of depreciation to be charged against the equipment during each of the remaining years of its useful life:
A. $5,400 B. $2,400 C. $1,000 D. $2,000 E. $1,800
While seeking startup capital, the writer of a business plan should not be concerned about future development of his/hernew business
Indicate whether the statement is true or false