Linda, a partner, is involved in the winding-up of the partnership. A lucrative business opportunity for the partnership arises. Linda does not have the right to take on this new business
a. True
b. False
Indicate whether the statement is true or false
True
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Karl was put on probation for a string of customer complaints about his service and professionalism. His supervisor was using ______ power.
A. coercive B. personalized C. referent D. reward E. expert
The journal entry to issue 1,000,000 shares of $6 par common stock for $8.00 per share on January 2nd would be:
A) Jan 2 Cash 8,000,000Common Stock 6,000,000Additional Paid-In Capital 2,000,000 B) Jan 2 Cash 6,000,000Common Stock 6,000,000 C) Jan 2 Cash 6,000,000Additional Paid-In Capital 2,000,000Common Stock 8,000,000 D) Jan 2 Cash 1,000,000 Common Stock 1,000.000
Which of these statements about pipeline inventory is BEST?
A) Shorter lead times create more pipeline inventory. B) Changing an item's lot size does not directly affect the average level of the pipeline inventory. C) Pipeline inventory exists to avoid customer service problems. D) Pipeline inventory is used to even out volatile fluctuations in supply or demand.
If property that is located in a state becomes the subject matter of a lawsuit, the power of a court in that state to resolve disputes concerning the property is called:
a. in rem jurisdiction b. territorial jurisdiction c. in personam jurisdiction d. removal jurisdiction e. venue