By virtue of the existence of a partnership, each partner has the authority to enter into binding contracts on behalf of the partnership
Indicate whether the statement is true or false
True
You might also like to view...
Which resource providers lend financial resources to a business with the expectation of repayment with interest?
A. Owners B. Creditors C. Investors D. Consumers
Which of the following age groups saw a decline in population from 2005 to 2015?
A. 40-49 B. 30-39 C. 10-19 D. 80+ E. 0-9
Pro-rata reinsurance:
A) commits the reinsurer to pay part of a claim, but only after the primary insurer's coverage has been completely exhausted B) is distinguished by very high retention amounts C) means losses, premiums and expenses are divided proportionately by the primary insurer and the reinsurer D) is only sold by alien reinsurers, and then only at very high rates
Stratified random sampling is a method of selecting a sample in which
a. the sample is first divided into strata, and then random samples are taken from each stratum b. various strata are selected from the sample c. the population is first divided into strata, and then random samples are drawn from each stratum d. None of these alternatives is correct.