A partnership is liable for both the negligent and intentional acts of a partner if the acts were committed within the ordinary course of the partnership's business

a. True
b. False
Indicate whether the statement is true or false


True

Business

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________ is described as creating radical changes in processes, systems, and/or structures that meet customer needs efficiently and are economically sound.

A. Reengineering B. Contriving C. Previsioning D. Machinating

Business

A retailer recorded the following in June: cash sales $2,000; credit sales, $9,000; sales returns and allowances, $1,000. Assuming the sales tax rate is 8 percent, the entry to record the sales tax payment includes a debit to Sales Tax Payable for

A. $720. B. $880. C. $800. D. $640.

Business

While the social consumer decision journey may differ from traditional response hierarchies, it is also similar in that it envisions going through stages in the purchase decision.

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

Business

The current expected value of a stock is $32. If investors demand a higher rate of return of 10% instead of the 8% rate of return, what will the impact on the stock price of the firm be??

A. The stock price will increase by 10%.? B. ?The stock price will not be affected by the change in the rate of return. C. ?The stock price will increase to $35. D. ?The stock price will reduce to zero. E. ?The stock price will decrease.

Business