A partnership liquidation occurs when
a. a new partner is admitted
b. a partner dies
c. the ownership interest of one partner is sold to a new partner
d. the assets are sold, liabilities paid, and business operations terminated
d
You might also like to view...
Why might the Hispanic American market be a viable targeted group for a new marketer of products?
What will be an ideal response?
__________ is imposed upon the generator of hazardous waste by the Resource Conservation and Recovery Act
a. Negligence liability and responsibility b. Individual liability and responsibility c. Cradle to grave responsibility d. Joint and several liability
In a manufacturing company, promotions were based on seniority. The company instituted a policy of high school education, and two aptitude tests were held for the selection of employees. All employees who had high school diplomas appeared for the test. The pass rate of the white employees was 85 percent while the pass rate for African American employees was 14 percent. The African American
employees brought a law suit against the company in the District court alleging that this violated Title VII of the Civil Rights Act of 1964. Based on the above information, it is most likely that the District Court held that:? A) ?the company did not violate the Title VII Act. B) ?the company violated the Title VII Act. C) ?the company had the right to discriminate against African American employees. D) ?the company was unfair in administering the test.
Exchange value is always higher than use value.
Answer the following statement true (T) or false (F)