Which of the following is characteristic of a general partnership?
A) The partners have co-ownership of partnership property.
B) The partnership is subject to federal income tax.
C) The partnership has an unlimited life.
D) The partners have limited liability.
A
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Whenever Doreen is around people, she experiences a sudden change of emotion to fear. Because this occurs regardless of who the other person is or people are, it may be said that Doreen is exhibiting which of the following?
A. emotion state B. emotion trait C. emotion genetics D. gendered emotion
What is suggested by IDEO as a way of building on the ideas of others?
a. Correct the flaws in the first idea by suggesting alternatives. b. Use the word and instead of but. c. Quickly eliminate ideas that are too far-fetched d. Let the conversation flow and don’t worry about staying on topic.
A pro forma balance sheet typically begins with liabilities and then we estimate the assets
Indicate whether the statement is true or false
(I) Because interest rates on Treasury bills are more volatile than rates on long-term securities, the return on short-term Treasury securities is usually above that on longer-term Treasury securities
(II) A Treasury STRIP separates the periodic interest payments from the final principal repayment. A) (I) is true, (II) false. B) (I) is false, (II) true. C) Both are true. D) Both are false.