Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, and investment firm. Their agreement states that it is a breach of the agreement for any partner to assign his or her interest to a creditor without the consent of the other partners. Bryn, Cornell, and Duke decide to admit Giselle as a new partner in Equity Lending. Giselle's liability for partnership
debts incurred before her admission is?
A) limited to her capital contribution to the firm.
B) limited to her personal assets.
C) nothing.
D) unlimited.
A
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A) needs-based positioning B) variety-based positioning C) access-based positioning D) global network positioning
One of the reasons that IBM almost failed and went bankrupt in the 1990’s was due to its outdated corporate culture of consensus-based decision making which while effective in the 1970’s, did not allow it to be competitive in the rapid decision making and entrepreneurial risk taking culture of the 1990s,
Answer the following statement true (T) or false (F)
The problem-solving technique is often referred to as
a. adjustment. b. the scientific method. c. the four-step method. d. all of these choices.
The accrual basis of accounting recognizes expenses when cash is paid.
Answer the following statement true (T) or false (F)