Fatima and Hani form a partnership to cut lawns for a summer job. Hani does extra work in his spare time and paint a building earning $5,000. Fatima learns of the painting project and claimed a share of the money. Which of the following is TRUE?
A) Hani has to pay a share of the money to Fatima because they are partners
B) Hani has to pay a share of the money to Fatima because he owes her a fiduciary duty
C) Hani has to pay a share of the money to Fatima because the income of all partners has to be shared equally under The Partnership Act
D) Hani does not have to pay any money to Fatima because painting is not part of the partnership act
E) Hani has breached the contract with Fatima and will have to pay her $5,000 plus punitive damages
D
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Demographic changes can create opportunities for marketing innovation. Justify this statement using examples
What will be an ideal response?
Kavin Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year. Predetermined overhead rate$23.60per machine-hourEstimated total fixed manufacturing overhead from thebeginning of the year$708,000 Estimated activity level from the beginning of the year 30,000machine-hoursActual total fixed manufacturing overhead$752,000 Actual activity level 28,100machine-hoursThe amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
A. $704,373 B. $663,160 C. $44,000 D. $708,000
What factor distinguishes primary orality from secondary orality?
a. the spoken word b. the written word c. technology d. cultural messages
Paula Sanford has filed a voluntary petition in bankruptcy. Paula has a job but admits that she is in over her head on credit card debt. The bankruptcy court: A) can allow Paula to declare bankruptcy because she has debts
B) can allow Paula to declare bankruptcy but Paula may have to go into a Chapter 13 debt adjustment plan. C) has no remedies for consumers with only credit card debt. D) None of the above