________ implies that each partner in a partnership can be called on to personally pay a partnership's debts.

What will be an ideal response?


Unlimited liability

Business

You might also like to view...

The most popular way of empowering employees is by

A. paying bonuses to all employees regardless of contribution. B. designing work so that it is performed by teams. C. providing employees with simple, repetitive jobs. D. adopting a centralized decision-making approach. E. narrowing the scope of jobs.

Business

When a company has a minority passive investment it will recognize changes in the market value of the investment as ____________________ gains and losses

Fill in the blank(s) with correct word

Business

The Securities and Exchange Commission (SEC) was created to develop and approve a set of common international accounting rules.

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

Business

If an assignment problem consists of 5 workers and 4 projects:

A) one worker will not get a project assignment. B) one project will be assigned two workers. C) the fifth worker will split time among the four projects. D) one project will not get a worker assigned. E) The problem cannot be solved by assignment method.

Business