Oliana is a partner in Pacific Traders. In the majority of states, with respect to any partnership obligations that Oliana does not participate in, know about, or ratify, Oliana would be liable for?
A) none of the obligations

B) all of the obligations, jointly and severally.
C) all of the obligations, jointly but not severally.
D) only the contractual obligations.


B

Business

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Indicate whether each of the following statements is true or false.A process costing system does not use the same inventory accounts as a job-order costing system. ______A process costing system accumulates product costs by jobs or batches of products. ______A company using a process costing system would keep a Work in Process account for each production department. ______In a process costing system, the cost of raw materials used is debited to Work in Process. ______A company using job-order costing must maintain a separate Work in Process account for each department. ______

What will be an ideal response?

Business

According to the text, wisdom and knowledge are synonyms.

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

Business

Courtlyn’s company uses a local river for dumping. The company is aware that the chemical it dumps causes plant life in the river to die. However, the chemical is so new that no regulations have been written about it. It appears Courtlyn’s company is reaching the ________ level of corporate social responsibility.

A. legal B. ethical C. benevolent D. social

Business

Conjunctive adverbs join two _____ clauses

Fill in the blank(s) with correct word

Business