Partnership agreements cannot specify how profits are losses are to be allocated. All partnerships must follow the RULPA
Indicate whether the statement is true or false
FALSE
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If the future performance of a product is covered by its warranty, then a breach occurs:
A. when the buyer complains to the manufacturer about a defect in the product. B. at the time the buyer should have discovered the defect in the product. C. one year after the defect in the product is discovered by the buyer. D. when the purchase is marked as complete, and the product is delivered to the buyer.
Door-to-door sales and party sales are examples of ________.
A. direct sales B. contract manufacturing C. direct response advertising D. telemarketing
Explain why national marketers might pay particular attention to the preferences of consumers in large states such as New York and California
What will be an ideal response?
A company borrows $40,000 and issues a 3-year, 10% installment note with interest payable annually. The factor for the present value of an annuity at 10% for 3 years is 2.4869. The factor for the present value of a single sum at 10% for 3 years is 0.7513. The amount of the annual interest payment is $16,084.28.
Answer the following statement true (T) or false (F)