Luke and Maya form Northwest Air Express, a general partnership. The essential elements of this partnership do not include
a. a sharing of profits and losses.
b. a joint ownership of the business.
c. an equal right to management in the business.
d. goodwill.
D
You might also like to view...
Bond A has a 9% annual coupon, while Bond B has a 7% annual coupon. Both bonds have the same maturity, a face value of $1,000, and an 8% yield to maturity. Which of the following statements is CORRECT?
A. Bond A trades at a discount, whereas Bond B trades at a premium. B. If the yield to maturity for both bonds remains at 8%, Bond A's price one year from now will be higher than it is today, but Bond B's price one year from now will be lower than it is today. C. If the yield to maturity for both bonds immediately decreases to 6%, Bond A's bond will have a larger percentage increase in value. D. Bond A's current yield is greater than that of Bond B. E. Bond A's capital gains yield is greater than Bond B's capital gains yield.
Describe the benefits of a team charter.
What will be an ideal response?
What is the best advice for answering interview questions?
A) Use the interviewer's name and title every time you answer a question to show respect. B) To be concise, answer questions with a simple yes or no whenever possible. C) Don't be afraid to reveal weaknesses because doing so will make you look human. D) Clarify vague questions when necessary.
Which of the following statements about correlation is correct?
A. If the returns from two stocks are perfectly positively correlated and the two stocks have equal variance, an equally weighted portfolio of the two stocks will have a variance that is less than that of the individual stocks. B. If a stock has a negative correlation with market, its systematic risk is more than the market risk. C. Stocks that have correlation coefficients equal to zero will have minimum diversification benefits. D. The weaker the positive correlation two stocks exhibit, the more risk can be reduced when they are combined in a portfolio. E. Risk is reduced when positively-related stocks are combined to form portfolios, especially when the correlation coefficients are equal to +1.