In a general partnership, the acts of one partner in the ordinary course of business do not subject the other partners to personal liability.?
Indicate whether the statement is true or false
False
You might also like to view...
Acquisition cost includes all costs required to prepare an asset for its intended use
Indicate whether the statement is true or false
“Plastic money” is another term used for _________________________.
Fill in the blank(s) with the appropriate word(s).
The A.M. Best Company can help you to determine which of the following about your insurer?
A) Its reputation for settling claims B) Its customer service rating C) How many complaints have been filed against it D) Its financial strength rating
To avoid litigation over impossibility and impracticability issues, modern contracting parties often contract around the doctrine of impossibility, specifying the failures that will excuse performance in their contracts. The clauses in which they do this are called __________ clauses, and they are generally enforced by courts as written.?
A) delta force B) force majeure C) magnum force D) force corporeal