Which of these would require unanimous consent of all the partners?
A) Confessing a judgment
B) Selling the partnership goodwill
C) Selling all partnership assets
D) All of the above
D
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Indicate whether the statement is true or false
Tulsa Corp reported the following information for 2016 and 2017. Interest payable, December 31, 2016 $5,700 Interest payable, December 31, 2017 6,200 Interest expense—2017 12,250 How much cash was paid for interest during 2017?
a. $11,750 b. $12,250 c. $12,500 d. $12,750
Use italics to indicate titles of ______________
a. corporate executives b. professors c. short stories d. books, magazines, and newspapers
On January 1, 2012, Action Inc issued $1,000,000 of 10% bonds at face value. These bonds are due in 10 years with interest payable semi-annually on June 30 and December 31. What is the amount of interest paid in 2012?
A) $ 10,000 B) $100,000 C) $ 25,000 D) $ 50,000