Some courts have implied a duty of the part of commercial tenants to operate their businesses
Indicate whether the statement is true or false
True
You might also like to view...
On January 1, 2015, Leslie Co issued $100,000 of 8% ten-year bonds at 97. Issuance costs amounted to $2,000. On July 1, 2020, all of the bonds were called at 103. What was the loss on bond retirement, assuming the use of straight-line amortization?
A) $1,950 B) $2,500 C) $4,200 D) $4,350
Frank Company earned $15,000 of cash revenue. Which of the following accurately reflects how this event affects the company's accounting equation? Assets=Liabilities+CommonStock+RetainedEarningsA.15,000=NA+15,000+NAB.15,000=NA+7,500+7,500C.15,000=NA+NA+15,000D.15,000=15,000+NA+NA
A. Option A B. Option B C. Option C D. Option D
Art and Alma made capital contributions of 60% and 40% respectively to their newly formed partnership, AA & Associates. They did not have a written partnership agreement. At the end of the first year, the partnership made a profit of which Alma now claims half. However, Art maintains he should receive 60%. Who is correct?
a. Art, since the UPA presumes that profits and losses are divided in proportion to capital contribution. b. Art, since it would only be fair. c. Alma, because she works in the business. d. Alma, as the UPA provides that profits are split equally unless the partners agree otherwise.
Define group cohesion. Discuss the phenomenon of groupthink as a disadvantage of highly cohesive groups.
What will be an ideal response?