A new partnership begins every time a new partner is added

Indicate whether the statement is true or false


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Business

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A corporation may issue a stock dividend for which of the following reasons?

a. It may be short of cash and unable to pay a cash dividend. b. It may want to increase the marketability of its stock by raising the price per share. c. It may have a large debit balance in Retained Earnings and the directors may want to transfer part of this balance to the common stock account. d. It may want to increase the stockholders' ownership in the corporation.

Business

Sue Hank has just indicated that the extra benefits from getting an A in her personal finance course are not worth the extra effort she must give. Sue used marginal analysis in making her decision

Indicate whether the statement is true or false.

Business

Timmy and June owned a house in a joint tenancy. Timmy died and in in his will, left his share of the property to his estranged wife Mavis. Mavis is insisting on moving into the property but June has objected to this

Which of the following statements most accurately describes the legal position? A) Mavis is now a joint tenant of the property with June. B) Mavis will not have an interest in the property until June dies. C) Mavis cannot be legally excluded from the property as she is now a part owner of it. D) Mavis has no ownership interest in the property. E) Both A and C

Business

To prepare managers in your firm to assume increased responsibility in both their present and future positions, the firm should use:

a. an employee training program b. a management development program c. vestibule training d. an orientation program e. a skills inventory

Business