Under traditional common law rules, if you wanted to sue a partnership you had to:

a. wait until the partnership was incorporated to sue b. sue the partnership as a group
c. sue the state on behalf of the partnership d. have the state sue the partnership
e. none of the other choices


e

Business

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[The following information applies to the questions displayed below.] Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following information:Jan 1Beginning Inventory300 units @ $2.30Jan 12Purchase400 units @ $2.10Jan 18Sales500 units @ $3.80Jan 21Purchase300 units @ $2.40Jan 25Purchase100 units @ $2.20Jan 31Sales450 units @ $3.80Assuming Chase uses a FIFO cost flow method, what is the cost of goods sold for the sales transaction on January 31?

A. $340 B. $1,005 C. $1,020 D. $1,045

Business

When you initiate an email, you should

A) always use a formal salutation. B) use a dark background and impressive font. C) cut and paste parts of an email from someone you disagree with. D) communicate your purpose for writing. E) include an electronic business card.

Business

In the context of medical malpractice, what is a "never event"?

A) A medical condition that despite the best screening and technology cannot be detected. B) A pandemic that quickly spreads and infects many people. C) A medical error that should never occur. D) An event for which doctors and medical facilities cannot be held legally responsible.

Business

Elena plans to open a non-profit child-care center in her depressed neighborhood.  She may qualify for an SBA loan program that provides loans of up to $50,000 known as the:

A. 7(a) Loan Guaranty Program. B. 7(m) Microloan Program. C. Certified Development Company 504 Loan Program. D. Small Business Investment Program.

Business