Lucy is a limited partner in Metro Contractors, a limited partnership, which cannot pay its debts. Lucy is personally liable for the debts
A. in proportion to the number of partners in the firm.
B. to no extent.
C. to the extent of her capital contribution.
D. to the full extent.
Answer: C
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The two desirable organizational outcomes of the goal setting process are ______.
a. producing a logical and complete plan and adding value to the organization’s ability to achieve its mission b. letting employees know management cares and working on employees’ individual futures c. working with employees in teams and locking the employees into achieving their goals d. defining a plan of action and execution of that plan
The statement of retained earnings informs users about how much of the earnings were kept and reinvested in the company
Indicate whether the statement is true or false
Conceptual development for a project concludes with:
A) Project objectives. B) Alternative analysis. C) Project delivery. D) Team dissolution.
International management must consider three general areas in strategy implementation. First, the multinational corporation must:
A. decide where to locate operations. B. develop alliances with the most attractive local partner. C. implement functional strategies in areas such as marketing. D. carry out entry and ownership strategies.