The partners who own Lane Rafts Co wished to avoid the unlimited personal liability of the partnership form of business, so they incorporated as Lane Rafts, Inc. The charter from the stals of Nevada a

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Answer 1

Lane Rafts Co wished to avoid unlimited personal liability of the partnership form of business is because incorporating as Lane Rafts, Inc. provided them with limited liability.

Limited liability refers to a business structure in which the owners' personal assets are not at risk for the business's liabilities. In simple terms, it means that if the business gets into debt, the owner's personal assets cannot be used to pay off the debts. This is because the business is regarded as a separate legal entity from the owners, and as such, it is responsible for its liabilities.

In the given scenario, Lane Rafts Co wanted to avoid the unlimited personal liability of the partnership form of business. In a partnership, the partners are personally liable for the debts and obligations of the business. This means that if the business is sued, the partners could lose their personal assets to pay off the debts. However, when they incorporated as Lane Rafts, Inc., they became a separate legal entity from the owners. As a result, the owners now have limited liability, meaning their personal assets cannot be used to pay off the debts or obligations of the business.

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Related Questions

Option Basics. It is May and a trader writes a September call option with a strike price of $20. The stock price is $18 and the option price is $2. Describe the trader's cash flow if the option is held until September and the stock price is $25 at that time.​

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When the trader writes a call option, they receive the premium, which in this case is $2. This premium is the trader's immediate cash flow.   If the option is held until September and the stock price is $25 at that time, the holder of the call option will exercise the option and buy the stock at the strike price of $20, since it is more profitable to buy the stock at $20 and then sell it at the market price of $25.

  As the writer of the call option, the trader will have to sell the stock at the strike price of $20, which means they will lose out on any potential gains above that price. The trader's cash flow in this scenario will be:   They will have to sell the stock at the strike price of $20, which will result in a loss of $5 per share ($25 market price - $20 strike price).

The trader  received a $2 premium  when he sold the call option.  Thus, the trader's net cash flow is a loss of $3 per share ($2 premium minus $5 share short loss) multiplied by the number of shares covered by the option contract.  In conclusion, if a trader holds the option until September and the stock price  at that time is $25, he will immediately receive a  $2 premium, but  if he has to sell the stock at the strike price, he will lose $3 per share. from $20.

the estimated use the company expects to obtain from an asset before disposing of it is referred to as the

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The estimated use the company expects to obtain from an asset before disposing of it is referred to as the useful life.

The useful life of an asset is an accounting estimate used to estimate the number of years an asset is likely to be used for revenue generation in a cost effective manner for the benefit of the company. Useful life is used in the calculation of the deprecation expense of an asset.

Determinants of the useful life of an asset

Frequency with which the asset is used. The more an asset is used, the lower its useful life. The age of the machine when it was purchased. The quality of maintenance of the asset.

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PLEASE HELP ME WITH THIS PLS PLS PLS

PLEASE HELP ME WITH THIS PLS PLS PLS

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the first once is c and and is a

which of the following goods are most likely to be substitutes? a. potato chips and chip dip b. bread and peanut butter c. bananas and apples d. ketchup and french fries

Answers

The correct option is c. The goods most likely to be substituted are bananas and apples.

In economics, substitute goods are products that can be used in place of one another, fulfilling a similar need or satisfying a similar demand. When examining the options provided, a. potato chips and chip dip are complementary goods, as they are often consumed together. b. bread and peanut butter are also complementary goods, as they are combined to make a sandwich. d. ketchup and french fries are other examples of complementary goods, as ketchup is a common condiment used with french fries.

However, c. bananas and apples are substitute goods because they both serve a similar purpose as fruits and can be consumed interchangeably as snacks or part of a meal. If the price of one fruit increases, consumers may choose the other as an alternative.

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the key lesson from the failure of eastman kodak is the difficulty of maintaining focus on a particular customer need when the technology needed to satisfy that need changes radically. [see p.116] group of answer choices true false

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According to the question of eastman kodak, the given statement is true.

What is Eastman Kodak?

Eastman Kodak is an American technology company that was known for its photographic film products and filed for bankruptcy in 2012. One of the key reasons for its failure was the difficulty in maintaining focus on a particular customer need when the technology needed to satisfy that need changes radically. With the advent of digital photography, the demand for Kodak's traditional film products declined rapidly, while the company was slow to adapt to the new technology and lost market share to its competitors. This highlights the importance for companies to constantly monitor and adapt to changes in technology and customer needs to remain competitive.

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Community association 10 or more units a budget of how much is required

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The budget required for a community association with 10 or more units will depend on various factors, such as the size of the units, the amenities provided, the maintenance costs, and the location of the community.

A community association in business refers to a group of individuals or organizations that come together with a shared interest or purpose related to a particular industry, sector, or locality. The goal of such an association is to promote and support the interests of its members, provide opportunities for networking, and advocate for issues that impact the community as a whole.

Business community associations can take on different forms depending on their purpose and structure. Some associations may be industry-specific, while others may be geographically focused. They may also be organized as non-profit or for-profit entities and can provide various services to their members such as training, marketing, and lobbying efforts.

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consider monopoly, monopolistic competition, and perfect competition. in which of these three market structures does a profit-maximizing firm experience zero economic profit? a. perfect competition only b. perfect competition and monopolistic competition only c. perfect competition, monopolistic competition, and monopoly d. the answer cannot be determined without knowing whether the market is in the long run or short run.

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Considering monopoly, monopolistic competition, and perfect competition, the market structures, a profit-maximizing firm that experience a zero economic profit is the answer cannot be determined without knowing whether the market is in the long run or short run. The Option D is correct.

What is a zero economic profit?

In competitive market, the zero-profit condition refers to the condition that occurs when an industry or type of business has an extremely low cost of entry to or exit from the industry. In this situation, some firms are not already in the industry and tend to join the industry if they calculate that they will make a positive economic profit (profit in excess of the cost of acquiring investible funds).

More firms will enter until the economic profit per firm has been driven down to zero by competition. Conversely, if the firms are making negative economic profit, then, enough firms will exit the industry until economic profit per firm has risen to zero.

Therefore, the description often represents a situation of almost perfect competition, a situation with zero economic profit is referred to as the industry's long run.

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I will mark you as brainliest!

During the___step of the product development process a business will
likely have a fully functioning prototype of a new product.

A. product and promotion development
B. idea screening
C. post-launch review
D. business analysis

Answers

During the option B. idea screening  step of the product development process a business will likely have a fully functioning prototype of a new product.

What function does a prototype serve in the creation of a product?

New product development often starts with a concept study, then moves on to prototype development, actual productization, production, and post-sale support.

Prototypes are physical depictions of the various stages of development from the initial concept to the finished product. Every stage of the prototyping process provides useful information on how to produce a final design that will best serve the development project's ultimate objectives.

Note that By using prototypes, you can ensure that your final product is both safe and compliant with regulations in your sector. Cost-saving measures - Any alterations you make during the prototyping stage, whether to the product design, the materials used, or the production procedures, may enable you to reduce the price of the finished product.

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Answer: A: product and promotion development

Explanation:

Which of the following is not a necessary condition of price discrimination
a)preventing resale of the product
b)different consumer groups with different price elasticities of demand
c)downward sloping demand curve
d) having a constant marginal cost

Answers

Having a constant marginal cost is not a necessary condition for price discrimination. The correct option is d.

Price discrimination refers to the practice of charging different prices to different consumers or groups based on their willingness to pay.

While preventing resale of the product, different consumer groups with different price elasticities of demand, and a downward sloping demand curve are all necessary conditions for price discrimination, having a constant marginal cost is not.

Price discrimination can occur even when the marginal cost varies, as long as the firm can segment its market and identify groups of consumers with different price sensitivities.

In fact, price discrimination can be more profitable when marginal costs vary, as it allows firms to extract more surplus from consumers and optimize revenue based on their willingness to pay. Therefore, having a constant marginal cost is not a requirement for implementing price discrimination.The correct option is d.

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What do investing activities include?

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Investing activities include investments in securities or purchases of physical assets.

Physical assets  encompass any kind of tangible economic resource, including gold, silver, property, machines, houses, instruments, apparatus, automobiles, and so on.

The phrase 'security' can be used to refer to any kind of financial instrument, however different jurisdictions have different legal definitions for it. Investment securities are assets which can be purchased or sold on open markets or exchanges, such as shares, bonds, and mutual funds. These securities can be traded more quickly, sometimes even the same day, and kept for a long time.

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what is the most cost-effective solution for groundwater depletion and land-level subsidence?

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The most cost-effective solution for groundwater depletion and land-level subsidence is to implement sustainable water management practices. This includes reducing water usage through conservation measures such as low-flow toilets and faucets, efficient irrigation systems, and promoting water-wise landscaping.

Additionally, implementing water recharge projects can replenish groundwater levels. These projects involve capturing and storing rainwater or other surface water, allowing it to percolate into the ground and replenish the aquifer. This can also help to mitigate land subsidence as the groundwater table is raised, reducing the amount of land sinking.

Overall, sustainable water management practices and water recharge projects are the most cost-effective solutions for addressing groundwater depletion and land-level subsidence. The most cost-effective solution for groundwater depletion and land-level subsidence is Artificial recharge of aquifers. Artificial recharge involves the intentional addition of water to underground aquifers. This can be done through methods such as infiltration basins, injection wells, or even by enhancing natural recharge processes

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he said to me "no sir I did not quarrel with your servant yesterday"
change into indirect ​

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not sure if it’s right but


he said “no i did not quarrel with the servant yesterday”

Answer:

He denied that he quarreled with my servant the previous day

A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working at an automobile auction. The investigator interviewed the owner of the auction and found that the claimant was being paid $200 per week in cash for washing vehicles and performing other shop tasks. Surveillance video showed the man carrying 25-pound bags of pet food, loading boxes, and rummaging through a trash dumpster. Obviously, he was not hurt very badly. 1. Was surveillance the proper method to use in this case? Why? 2. What are some restrictions to be careful about in conducting surveillance?

Answers

Answer:

1. Yes

2. - privacy concerns

- may lack full details.

Explanation:

1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.

2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.

There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.

A marketing strategy that enhances the shopping experience for experiential shoppers is called?

Answers

A marketing strategy that enhances the shopping experience for experiential shoppers is called Retailtainment.

Retailtainment way using retail advertising as leisure and generating a memorable experience for in-shop consumers thru engaging activities, sounds, motion, or unique settings that create a mood that motivates shopping for.

The aim of an omnichannel advertising method is to create a convenient, seamless user experience for customers that offers many opportunities for fulfillment.

The wheel-of-retailing speculation indicates that new stores compete on charge and through the years come to be extra upscale, leaving room for different new, low-fee entrants. Elements that encourage retailers to conform are changing financial situations, demographics, era, and globalization.

Disclaimer:- your question is correct, please see before for complete question.

5) A marketing strategy that enhances the shopping experience for experiential shoppers is called

A) Sweethearting

B) retail borrowing

C) omnichannel marketing

D) Nonstore retailing

E) Retailtainment

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discuss how the central bank uses the open market operations as a sutible measure of credit control. Explain with respect to both inflation and deflation

Answers

Answer: By affecting the money in circulation

Explanation:

The central bank uses the open market operations as a sutible measure of credit control by affecting the quantity of money in circulation. It's the central bank that prints money that's being used, to avoid economical unbalance, the central bank has to regulate how the money is circulated in the country. They do this by either selling or buying government securities through open market operations. During this process the purchase government securities from commercial banks and institutions making bank assets free and more cash for loans.

One of the strengths of Six Sigma program's has been its a.laser-like focus on worker satisfaction. b.clarity of process and the steps companies must take to adopt it. c.contribution to research in production quality. d.increase in customer loyalty.

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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.

Answers

Answer:

A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU

how much is a queen size mattress at mattress firm

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As a question-answering bot, I do not have real-time information on the prices of mattresses. However, the prices of queen size mattresses at Mattress Firm vary depending on the brand, model, features, and other factors.

In general, the cost of a queen size mattress at Mattress Firm can range from a few hundred dollars to thousands of dollars.

A queen size mattress is one of the most common sizes sold, and they come in a wide variety of styles, features, and price points. Some popular queen size mattress models at Mattress Firm include the Beautyrest Black Hybrid, Tempur-Pedic ProAdapt, and Serta iComfort Hybrid.

It's important to consider your budget, sleep needs, and personal preferences when choosing a queen size mattress.

As a general guide, you can expect to pay anywhere from $300 to $5000 for a queen size mattress at Mattress Firm. Keep in mind that the prices may also depend on the time of the year and any ongoing sales, discounts, or promotions.

The cost of a queen size mattress at Mattress Firm can range from a few hundred dollars to thousands of dollars.

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Examine the short-run and long-run effects of each of the following changes on national income, the real interest rate, the price level, consumption, investment, and real money

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The short-run and long-run effects of various changes on national income, the real interest rate, the price level, consumption, investment, and real money that impact in the scenarios Increase in government spending, Increase in taxes, Technological advancements and Increase in money supply.

To examine the short-run and long-run effects of various changes on national income, the real interest rate, the price level, consumption, investment, and real money, let's consider the following scenarios:

1. Increase in government spending:

- Short-run effects: Government spending stimulates aggregate demand, leading to an increase in national income, consumption, and investment. The real interest rate may rise due to increased demand for loans. The price level may also increase due to increased demand for goods and services.

- Long-run effects: If government spending is sustained, it can lead to higher national debt, which may put upward pressure on interest rates, crowding out private investment. Over time, this can lead to higher inflation and a higher price level.

2. Increase in taxes:

- Short-run effects: Higher taxes reduce disposable income, leading to a decrease in consumption. Investment may also decrease due to reduced profitability. The real interest rate may decrease as the government collects more funds. The price level may experience downward pressure due to reduced aggregate demand.

- Long-run effects: Higher taxes can impact long-term economic growth by reducing incentives to work, save, and invest. Lower investment can lead to lower productivity growth and slower income growth over time.

3. Technological advancements:

- Short-run effects: Technological advancements can increase productivity, leading to higher national income, consumption, and investment. The real interest rate may decrease as increased productivity reduces production costs. The price level may decrease due to increased supply and competition.

- Long-run effects: Technological advancements can drive sustained economic growth and increase potential output. Over time, this can lead to higher national income and standards of living. Lower production costs may result in lower prices for goods and services.

4. Increase in money supply:

- Short-run effects: An increase in the money supply stimulates aggregate demand, leading to higher national income, consumption, and investment. The real interest rate may decrease due to increased liquidity. The price level may increase as excess money chases the same amount of goods.

- Long-run effects: If the increase in money supply is not accompanied by an increase in output, it can lead to inflationary pressures and erode the purchasing power of money. In the long run, prices and wages adjust to accommodate the increased money supply, resulting in a higher price level.

It's important to note that the effects described above are simplified and represent general tendencies. Economic conditions, policy responses, and other factors can influence the magnitude and timing of these effects. Additionally, the interactions between these variables are complex and subject to various economic theories and models.

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If the yield curve is downward sloping, what is the yield to maturity on a 30-year treasury bond relative to a 10-year treasury bond?.

Answers

If the yield curve is downward sloping, yield to maturity on the 10-year bond must be greater than the yield on the 30-year bond.

The entire return expected on a bond when it is kept until expiration is termed as yield to maturity (YTM). Despite being presented as an annual rate, yield to maturity is viewed as a long-term bond yield. It is, thus, the internal return rate (IRR) of a corporate bond provided the buyer maintains the bond to expiration, with all scheduled cash payments and invested at the exact pace.

The terms "book yield" and "redeemable yield" are some other terms for yield to maturity. The return on the 10 -year bond must be greater than the yield on 30-year bond.

The complete question is here:

If the yield curve is downward sloping, what is the yield to maturity on a 30-year Treasury bond relative to a 10-year Treasury bond?

The yield on the 10-year bond must be greater than the yield on the 30-year bond.The yield on the 10-year bond must be less than the yield on the 30-year bond.The yields on the two bonds are equal.

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3. What does the segment suggest to guard against employee misuse of workplace technology? *

Answers

Answer:

Economics

Explanation:

running dog shoes inc has been making running shoes for over two decades. match the elements of its financial statements

Answers

There’s no picture so how do I know

To energize employees and inspire excellence, an organization may set ____ , which are reasonable yet highly ambitious.

Answers

To energize employees and inspire excellence, an organization may set stretch goals, which are reasonable yet highly ambitious.

An organization is a group of people who come together to achieve a common goal. This can range from a small group of people working toward a specific project or a large business enterprise with hundreds of employees. Organizations exist in all areas of society, from government and business to charities and non-profits. An organization's structure will depend on its size and purpose, with different types of people occupying various roles and positions. In order to be successful, organizations must be well organized, with a clear set of goals, objectives, and strategies. Effective communication, team work, and leadership are essential to ensure that an organization is able to reach its goals and objectives.

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Deke is a military pilot tasked with providing visual confirmation that some suspicious structures behind enemy lines spotted by satellite are military in nature. Deke is MOST likely what type of pilot? bomber transport helicopter reconnaissance

Answers

The answer is Reconnaissance Pilot, Deke is a reconnaissance pilot as he is providing visual confirmation that some suspicious structures behind enemy lines spotted by satellite are military in nature.

What other name do pilots go by?

The person who directs the flight of an aircraft by manipulating its directional flight controls is known as an aircraft pilot or aviator. Because they manage the aircraft's navigation and power systems, several additional crew members, such navigators or flight engineers, are also regarded as aviators.

What is the mindset of a pilot?

Although they are aware that the wrong choice could have a catastrophic impact, pilots must always maintain a level head. They must continually choose the proper course of action in addition to acting promptly. Most of the time, there is no one perfect course of action.

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Banc Corp. Trust estimates that it costs $500 to analyze and close a commercial loan. This amount has been included in the $396,000 of overhead costs. How much of the remaining overhead costs should be allocated to the Consumer Department?

Answers

Complete question :

Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $396,000 of indirect costs. The bankwide rate couldbe based on either direct labor hours (DLH) or the number of loans processed. The departmental rates would be based on direct labor hours for ConsumerLoans and a dual rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period.

Dept - - - - - - - DLH - - loan processed - - - d/cost

Consumer - 14000 - - - 700 - - - - - - - - 280,000

Commercial - 8000 - - 300 - - - - - - - 180,000

Banc Corp. Trust estimates that it costs $500 to analyze and close a commercial loan. This amount has been included in the $396,000 of overhead costs. How much of the remaining overhead costs should be allocated to the Consumer Department?

Answer:

$172,200

Explanation:

Number of commercial loans processed = 300

Cost of processing a commercial loan = $500

Overhead cost = $396,000

Total cost = 300 * $500 = $150,000

Overhead left = $(396,000 - 150,000) = $246,000

Overhead sharing between commercial and consumer department :

Total loans = (300 + 700) = 1000

Number of consumer department loan = 700

Consumer department overhead :

(246,000 / 1000) * 700

246 * 700 = $172,200

In which type of business do shareholders own a portion of the company and have some say in how it is run?
Corporation
Limited liability
Partnership
Sole proprietorship

Answers

Partnership  type of business do shareholders own a portion of the company and have some say in how it is run. The three primary types of partnerships are general partnerships.

Limited partnerships, and limited liability partnerships when referring to a for-profit endeavor carried out by two or more people. All partners in a general partnership are equally liable financially and legally. Through company partnerships, you can access more information, skills, and resources that will help you create better goods and reach a wider market. When combined with 360-degree and the feedback, all of these can help your business reach new heights.

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Answer:

corporation

Explanation:

I took the test and got it right

caitlin's u.s. firm sold paint additives to japan and in return her company was paid by japan but is also required to purchase plastic products produced in japan with some of the proceeds from the sale of the paint additive. this example demonstrates blank . multiple choice question. bartering franchising counterpurchase licensing

Answers

The example given on Caitlin's U.S. firm selling paint additive to Japan and then purchasing some plastic products in Japan is a counterpurchase.

What is a counterpurchase ?

In counter-purchasing agreements, the two parties involved in the contract will buy goods from each other. The transactions where they buy goods from each other will not be the same, and this is often done to provide incentive for one party.

In this case, Caitlin's U.S. firm sells paint additives to Japan and then has to buy some plastic items from Japan as well. This shows that this is a counterpurchase.

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which account has a debit as a normal account balance? prepaid expenses $42,000 owner equity $50,000 long-term liabilities $18,000 consulting revenue $9,000 gains $15,000

Answers

The account that has a debit as a normal account balance is Prepaid Expenses.The accounting equation is: Assets = Liabilities + Owner’s Equity. When an expense is paid before it is incurred, it is referred to as prepaid expense.

A prepaid expense is an expense paid in advance, prior to the expense being incurred. Prepaid expenses are initially recorded as assets on a balance sheet because they provide future economic benefits to the business. Prepaid expenses are recorded as a debit in the balance sheet of the company as they represent an asset. Therefore, the account that has a debit as a normal account balance is Prepaid Expenses.

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name the liability under which the private assets minus the private liabilities of a partner are liable to pay the liabilities of the firm ​

Answers

Answer:

Limited Liability

Explanation:

One of the disadvantages of forming a Partnership is the issue of Limited Liability.

Limited Liability means that Partners are liable for the debts of the company to the extent of their investment in a partnership arrangement.

Teams have better communication than others workers cuz they get to

Answers

The basis of effective teamwork is effective team communication. To put it another way, colleagues must effectively communicate with one another in order for them to operate together.

What is meant by a communication?

It's possible that the most crucial life skill is the ability to communicate effectively. Our ability to communicate with others and comprehend what is communicated to us both depend on it.

To appreciate how essential the impulse to communicate is, all you need to do is see a baby trying to imitate its mother's sounds while paying close attention to her.The act of transmitting information from one location to another is communication at its most basic.

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