To be partnership property, title to real estate bought with partnership assets and used by the partnership may be put in the name of:
a. any partner in that individual's name.
b. the partnership only.
c. the partnership in its name, or one or more partners in their capacity as partners in the partnership if the name of the partnership is indicated in the instrument transferring title.
d. None of these.
c
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Use the information presented below for Farley River, Inc for 2015 and 2014 to answer the questions that follow. Farley River uses the straight-line depreciation method. 2015 2014 Property, plant, and equipment $ 250,000 $190,000 Accumulated depreciation 100,000 85,000 Depreciation expense 62,500 47,500 Net sales 1,000,000 900,000 Average Total assets 625,000 475,000 Refer to the information for
Farley River, Inc Using the 2015 data, what is the average life of Farley River's property, plant, and equipment (rounded to one decimal place)? a. 1.6 years b. 2.5 years c. 4.0 years d. 10.0 years
Alex had purchased a battery-operated drill. The drill overheated and exploded when he tried to use it. It was determined that the explosion was due to a problem with how the drill was manufactured. Alex can lodge a complaint about the drill at the_______
Fill in the blanks with correct word.
The Foreign Corrupt Practices Act of 1977 prohibits payments to foreign officials for the purpose of obtaining or retaining ________
Fill in the blank(s) with correct word
The NHTSA has the authority to set motor vehicle safety standards that promote crash prevention
a. True b. False Indicate whether the statement is true or false