Landrum voluntarily assigns his transferable interest in a partnership to McClendon. This act does not by itself result in the dissolution of the partnership, nor does it result in McClendon's being entitled to participate in the management of the partnership business. A. TrueB. False
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Landrum voluntarily assigns his transferable interest in a partnership to McClendon. This act does not by itself result in the dissolution ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is considered data? Multiple Choice a. Quantity sold b. Worst-selling item by month c. Best customer by month d. Best-selling item by month
Answers (1)
Overland Corporation has gathered the following data on a proposed investment project: Investment required in equipment: $150,000 Annual cash inflow: $40,000 Salvage value of equipment: $0 Life of the investment: 10 years Required rate of return:
Answers (1)
A company has a unit contribution margin of $50, fixed costs of $15,000 and a target profit of $20,000 after-tax. If the tax rate is 20% the company must sell units in order to earn the target profit. (Enter your answer as a whole number.)
Answers (1)
Which type of menu would a food service establishment that serves seasonal items most likely to have? A. cycle menu B. hybrid menu C. fixed menu D. market menu
Answers (2)
Last chance mine (lc) purchased a coal deposit for $720,000. it estimated it would extract 12,000 tons of coal from the deposit. lc mined the coal and sold it reporting gross receipts of $1 million for year 1.
Answers (1)
New Questions in Business
merchandise costing 1200 is sold for 2200 on term 2/30, n/60. If the customer pays within the discount period.
Answers (1)
Universal Containers has a private sharing model on Opportunities. The System Administrator has been asked to create a new custom object that will track customer payment information and will link to the Opportunity.
Answers (2)
8. Sam bought a house that costs $500,000. Sam got a 96% LTV loan. The lender demanded that Sam buy private mortgage insurance to insure the portion of the loan over 75% LTV. Suppose 5 years later, Sam's mortgage balance is $400,000.
Answers (1)
Which of the following items represents a document that includes detailed information on when an incident was detected, how impactful the incident was, and how it was remediated, in addition to incident response effectiveness and any identified gaps
Answers (1)
What should be shown directly below the date in a business letter? a. salutation b. return address c. inside address d. name and position of sender
Answers (1)