Assume that you and your best friend have decided to form a partnership after graduation. You have both studied business law, so you both know the importance of having a written partnership agreement. Summarize the clauses that you would include in your partnership agreement
The form should be pursuant to the laws of the state in which the partnership is formed. Basic features of a partnership agreement should include: 1. name of the partnership and identity of the partners; 2. nature and scope of the partnership business; 3. duration of partnership; 4. capital contributions of each partner; 5. division of profits and sharing of losses; 6. managerial duties of each partner; 7. provision for salaries, if desired; 8. restrictions, if any, upon authority; 9. any desired variations from the partnership statute's default provisions governing dissolution; and 10. a statement of the method or formula for determining the value of a partner's interest in the partnership.
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Caterpillar needed to know what truck fleets should test their two new engines; how they could get a marketing strategy that could be measured; and how to adjust for the coming downturn in sales
To answer these questions, they gave their salesforce laptops and paid them to enter customer information related to each sale they made. Caterpillar analyzed the newly acquired customer data and developed strategies to address their marketing questions. Caterpillar utilized ________. A) secondary marketing B) external marketing C) database marketing D) internal marketing
A judge wants to encourage people to act without restriction from rules imposed by others. Which of the following ethical norms is the judge emphasizing?
A) security B) freedom C) justice D) efficiency
In a scatter diagram, the dependent variable is typically plotted on the horizontal axis
Indicate whether the statement is true or false
Most companies run out of stock from incorrect ordering.
Answer the following statement true (T) or false (F)