Which of the following could NOT be used to determine the value of a partnership if the partners decide to break up the business?
A) an expert appraisal
B) a fixed-price formula
C) arbitration
D) a shotgun clause
E) all of the above could be used
E
You might also like to view...
A company hoping to protect its trade secrets from being stolen by a foreign company can seek relief under the Trade-Related Aspects of Intellectual Property Rights (TRIPs) agreement
Indicate whether the statement is true or false
ACL and IDEA are two prominent examples of which of the following?
A. ITF. B. DBMS. C. EAM. D. GAS.
A machine with a cost of $146,000 and accumulated depreciation of $101,000 is sold for $58,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:
A. $13,000. B. $58,000. C. $45,000. D. Zero. This is an operating activity. E. Zero. This is a financing activity.
Which of the following is true regarding state rules of corporate governance?
a. Under the U.S. Constitution, a state may only apply its corporate governance rules to corporations incorporated in the state. b. California imposes state pro-shareholder rules on quasi-foreign corporations. c. There are no state rules of corporate governance because the Securities and Exchange Commission has preempted the field. d. By federal law, if a state wishes to impose corporate governance requirements on corporations incorporated in the state, then the same rules must be imposed on corporations operating in the state but incorporated in another state.