If a partner is permitted to withdraw more than the book value of his/her interest, the effect of the transaction will increase the capital accounts of the remaining partners
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Fez is trying to motivate his sales staff. He holds a staff meeting to explain his plan. He realized that in order for the plan to work, he needs to make sure that his team expects that their hard work will result in an increase in sales; he needs to reassure the team that meeting their sales targets will result in their receiving a percentage of their sales; and he hopes that the team will value the opportunity to make more money and see the advantages of working closely as a team. Relate Fez’s experience to the three elements of expectancy theory and explain.
What will be an ideal response?
Business buyers are heavily influenced by factors in the current and expected economic environment, such as ________
A) level of primary demand B) organizational objectives C) group dynamics D) individual motives E) culture and customs
The concept of transfer pricing is widely accepted because of its ability to assist in performance evaluation of managers in a company with decentralized divisions
Indicate whether the statement is true or false
Which of the following is true of e-commerce?
A. Lessors cannot use web addresses to lease goods. B. Intellectual property cannot be explicitly listed for sale on a website. C. An email contract is not binding. D. Services can be listed for sale on websites.