Under the UPA, absent an agreement otherwise, upon dissolution, a partner is entitled to which of the following after payment of partnership creditors?
a. A share of profits in proportion to his capital contribution.
b. Shares of profits dependent upon the capital and time he contributed to the partnership.
c. Repayment of his loans to the partnership, capital contribution, and a share of the profits.
d. The UPA requires that the partners have an agreement or else they must seek a court order distributing the remaining assets.
c
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Which of the following recognized the importance of personnel in achieving organizational objectives, but viewed personnel as something that could be controlled?
a. human resource management b. personnel management c. human capital management d. strategic management
The authoritative body currently responsible for establishing accounting practice is the
A) Internal Revenue Service. B) Financial Accounting Standards Board. C) American Institute of Certified Public Accountants. D) Federal Reserve Board.
Which of the following is not classified as paid-in capital on the balance sheet?
A) common stock B) common stock distributable C) donated capital D) treasury stock
In chapter 8 of your textbook, conflict is said to be a _________ organizational phenomenon.
a. Pathological b. Reprehensible c. Normal d. Powerful