Leon contracts to install automatic watering troughs in Kendall's dairy barn. When Leon becomes seriously ill, he contracts with Jake to install the troughs. Jake is unreliable and never shows up to do the work. Kendall can sue
A) no one

B) Jake only.
C) Leon only.
D) Jake or Leon.


D

Business

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Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $50,000 and $30,000 respectively. Ramsey is admitted to the partnership and is given a 40% interest by investing $20,000. What is Benson's capital balance after admitting Ramsey?

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Answer the following statement true (T) or false (F)

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Business