Ann and Burt are partners in Delta Associates. Burt takes advantage of a partnership opportunity for personal gain that causes Delta's business to suffer. A court orders Burt to hold the profits in trust for the partnership. This is
A) a constructive trust
B) an living trust.
C) a resulting trust.
D) a testamentary trust.
A
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Which of the following columns is typically included in a payroll register?
A) Direct Labor Hours Worked B) Warranties Payable C) Current Period Earnings D) Sales Tax
Brands that seek to remove or restrict material from the Internet are often sanctioned in a very public and humiliating manner. This phenomenon is linked to which public figure?
A. Bill Gates B. LeBron James C. Kim Kardashian D. Barbara Walters E. Barbra Streisand
Financial analysis
A) uses historical financial statements to measure a company's performance and in making financial projections of future performance. B) is accounting record-keeping using generally accepted accounting principles. C) uses historical financial statements and is thus useful only to assess past performance. D) relies on generally accepted accounting principles to make comparisons between companies valid.
__________ is the value of the entire stream of purchases a customer makes during a lifetime of patronage.
Fill in the blank(s) with the appropriate word (s).