A partner has express authority to do whatever he or she is authorized to do by:
A. customs and usages of similar businesses in a particular area.
B. customs and usages of a particular partnership.
C. the written articles of incorporation.
D. the written articles of partnership.
Answer: D
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Connor Martin Corporation's balance sheet showed the following amounts: Current Liabilities, $10,000; Bonds Payable, $3,000; Lease Obligations, $4,000; and Notes Payable, $600 . Total stockholders' equity was $12,000 . The debt-to-equity ratio is:
a. 0.83. b. 1.47. c. 1.42. d. 0.63.
When a manufacturer offers a ________, a customer buys a product from a manufacturer's dealer within a specified time period, and the manufacturer then sends the customer a check
A) cash rebate B) quantity discount C) promotional allowance D) flash sale E) functional discount
Which of the following is a sociocultural factor that a company should consider before deciding to enter into a new country?
A) political stability B) population density (urban vs. rural) C) education D) income distribution E) consumer lifestyles, beliefs, and values
Which of the following is NOT a type of perceived risk in purchasing and using services?
a. Functional b. Permanent c. Financial d. Physical e. Social