Which of the following duties of the partners, that they owe each other, relates to the duty to act within the bounds of the authority or trust that has been extended?

Answers

Answer 1

The duty of partners to act within the bounds of the authority or trust that has been extended to them relates to the duty of loyalty.

The duty of loyalty requires partners to act in good faith and in the best interests of the partnership, avoiding conflicts of interest and refraining from self-dealing or acting outside the scope of their authority. This duty ensures that partners maintain integrity and adhere to their agreed-upon roles and responsibilities within the partnership.

In addition to the duty of loyalty, the duty to act within the bounds of authority or trust is also closely related to the duty of obedience. The duty of obedience requires partners to comply with the terms of the partnership agreement and any lawful instructions given by the partnership or other partners.

It means that partners must respect and follow the decisions and directions made collectively by the partnership, making sure their actions align with the agreed-upon guidelines and decisions. By adhering to this duty, partners uphold the integrity and effective functioning of the partnership, ensuring that decisions are implemented properly and within the established framework of authority and trust.

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Related Questions

How do alternatives relate to thoughtful decisions

Answers

Answer:they help give better chances of making a good decision the longer the list of alternatives are.

PLEASE HELP

What are two capital investments that would increase growth for \business

Answers

Answer:

A. Hiring more employes

B. Marketing

Explanation:

By hiring more employees, you are LITERALLY growing the business. It costs money to hire (and to keep employees), so it could be considered a capital investment.

Marketing is stuff like running advertisements, campaigns, and promotions- all things that are rarely free. You spend money in hopes that more people will buy from you.

do you like lauge arts it is supper fun in cool

Answers

Answer: It's really confusing. its just mid.

Explanation:

I love it! I find it to be fun, as well as being an essential quality in life. To have good, basic knowledge in language arts, you can never go wrong :)

When working in the gig economy, what statement is true regarding your payroll taxes?

a. You do not have to pay any payroll taxes

b. You can postpone paying your payroll taxes for up to a year

c. You only have to pay half of your payroll taxes for Social Security but not for Medicare

d. You must pay your entire payroll tax to cover Social Security and Medicaid​

Answers

Answer:

c. You only have to pay half of your payroll taxes for Social Security but not for Medicare

Explanation:

This is true due to the fact that, payroll taxes is exempted from medicare as a result of the individual medicare subscription of the employees. On the other hand, there is need for them to pay social security taxes towards the provision of the social amenities to the citizens.

hiro was using the database to prepare information for a presentation to potential investors which tool is he likely to use
A. Queries
B. Reports
C. Sorts
D. Forms

Answers

Answer:

It's Reports

Explanation:

Answer:

B. Reports Hope this helps!

Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor

Answers

Answer:

Buying an expensive piece of machinery

Explanation:

Under sec release ia-1092, a financial planner would not be considered an investment adviser when:_____.

Answers

A financial planner could not be considered a funding adviser while: “completely incidental to the conduct of his commercial enterprise as a broker or provider and who gets no special repayment, therefore”

Further, "recommendation", does not consist of an analysis or document on a monetary product with none express or implied recommendation, steerage, or notion that any specific transaction in appreciate of the product is suitable to the specific investment targets, economic state of affairs, or unique wishes of a patron.

An economic planner allows clients to manage their cutting-edge cash needs and attain their long-time period monetary desires. Their consciousness may be huge or slim. a few help customers with many aspects of their financial lives, including financial savings, investments, coverage, retirement savings, university financial savings, taxes, and property-making plans.

Someone whose task is to propose to humans how to manipulate their monetary preparations: expert monetary planners allows you to make informed choices approximately your economic destiny. She sooner or later studied to come to be an authorized economic planner to assist customers to deal with a vast spectrum of economic issues.

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Compose two paragraphs that predict the impact this tax cut and increased funding for unemployment insurance will have on the following: the economy as a whole individuals other government programs the government debt Be sure to justify your predictions, use proper grammar, and include topic sentences, an introduction, a conclusion, and information from the video.

Answers

Answer:

Extending the cut to payroll taxes will have a positive impact on the economy as a whole. With the continued decrease in the tax rate, people will have more money to spend more on goods and services. This will encourage businesses to hire more workers and will reduce unemployment. The economy will experience a boost, and recovery will take place. This tax cut will add an extra $40 to the average paycheck. People might use the extra income for rent, groceries, or gas.

Increased funding for unemployment insurance will ensure that eligible unemployed individuals will continue to get unemployment compensation. The extended unemployment compensation will lead to more production in the economy, which will help reduce government debt. An increase in production will lead to an increase in employment and output. When production increases, individuals’ incomes also increase, so the government will collect more income taxes to fund repayment of its debt.

Explanation:

PLATO

Answer:

The tax cut and the increased funding of unemployment insurance will benefit the economy as a whole. As unemployment rise, fewer people are going to have money to buy goods therefore, businesses will have less money to hire workers. This will not be fixed if there weren't any unemployment insurance. With unemployment money, people are going to buy more and the economy will boost. This not only benefits individuals but the economy as a whole. However, this may increase government debt and may have decrease funding to other government programs.

Explanation:

This is not from plato or edmentum. I typed it myself

Pierce Self Storage purchased land, paying $145,000 cash as a down payment and signing a $190,000 note payable for the balance. Pierce also had to pay delinquent property tax of $1,000, title insurance costing $2,000, and $10,000 to level the land and remove an unwanted building. The company paid $51,000 to add soil for the foundation and then constructed an office building at a cost of $1,000,000. It also paid $49,000 for a fence around the property, $16,000 for the company sign near the property entrance, and $5,000 for lighting of the grounds. Read the requirement. The cost of the land is $________
Requirement 1. What is the capitalized cost of each of Pierce's land, land improvements, and building?

Answers

The capitalized cost of Pierce's land is $348,000, the capitalized cost of the land improvements is $121,000, and the capitalized cost of the building is $1,000,000.

The cost of the land can be calculated as follows:

Cash paid as down payment = $145,000

Note payable = $190,000

Delinquent property tax = $1,000

Title insurance = $2,000

Cost to level land and remove building = $10,000

Total cost of land = $145,000 + $190,000 + $1,000 + $2,000 + $10,000 = $348,000

The capitalized cost of each of Pierce's land, land improvements, and building can be calculated as follows:

Land: $348,000

Land improvements:

Soil for foundation: $51,000

Fence: $49,000

Company sign: $16,000

Lighting: $5,000

Total land improvements cost = $121,000

Building cost: $1,000,000

Therefore, the capitalized cost of Pierce's land is $348,000, the capitalized cost of the land improvements is $121,000, and the capitalized cost of the building is $1,000,000.

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A new business has total sales of $14,000, applied $1,350 in merchandise discounts, and had returns of $234. Calculate the business's total net sales.

Answers

Answer:

$12,416

Explanation:

Applied merchandise discounts mean discounts issued.

The net sales will be total sales minus merchandise discounts applied minus returns.

Net sales = total sales - ( discounts + returns)

Net sales = $14,000 - ( $1,350 + $234)

Net sales = $14,000 - $1,584

Net sales = $12,416

Suppose a hypothetical corporation is in the very late maturity stage of its industry life cycle. A decline of growth in sales & earnings is forecasted soon. Current annual DPS is $4.50. This DPS is expected to grow 6.0% per year for the next 4 years, followed by 3.0% per year growth forever. Rate of return stockholders require is 8.0%. Determine this stock’s intrinsic value (P0). Show all formulas & calculations. [HINT: use the 2-stage growth model.]

Answers

The intrinsic value (P0) of the stock using the two-stage growth model is calculated to be $155.81. This value takes into account the forecasted growth rates, dividends, and the required rate of return.

To calculate the intrinsic value (P0) of the stock using the two-stage growth model, we need to follow these steps:

Calculate the present value of the dividends during the high growth phase (first four years):

P1 = DPS * (1 + g1) / (r - g1)

P1 = $4.50 * (1 + 0.06) / (0.08 - 0.06)

P1 = $4.50 * 1.06 / 0.02

P1 = $4.50 * 53 / 2

P1 = $119.25

Calculate the present value of the dividends during the stable growth phase (after four years):

P2 = DPS * (1 + g2) / (r - g2)

P2 = $4.50 * (1 + 0.03) / (0.08 - 0.03)

P2 = $4.50 * 1.03 / 0.05

P2 = $4.50 * 103 / 5

P2 = $92.70

Calculate the present value of the stock at time zero (intrinsic value):

P0 = P1 / (1 + r)^4 + P2 / (1 + r)^4

P0 = $119.25 / (1 + 0.08)^4 + $92.70 / (1 + 0.08)^4

P0 = $119.25 / 1.3605 + $92.70 / 1.3605

P0 = $87.67 + $68.14

P0 = $155.81

Therefore, the intrinsic value (P0) of the stock is $155.81.

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What are three purposes of a business presentation?

Answers

Answer:

Businesses and professional firms use presentations to inform, educate, motivate and persuade internal and external audiences.

Explanation:

Lorien Corporation has an enterprise value of $1,379 million. The firm has $87 million in cash, $50 million in inventory, and $25 million in accounts receivables. Lorien maintains an average of $375 million in fixed assets that are used in producing their signature products, the Evenstar and the One Ring. The firm carries $200 million in debt. Assuming Lorien has 75 million shares outstanding, what is the per share price for this company? $17.88 $15.23 $16.88

Answers

To calculate the per share price for Lorien Corporation, we need to first calculate the firm's total equity value, which is equal to the enterprise value minus the total debt. The per share price for Lorien Corporation is $15.72, which is closest to answer choice B, $15.23.

Total Equity Value = Enterprise Value - Total Debt
Total Equity Value = $1,379 million - $200 million
Total Equity Value = $1,179 million
Next, we need to subtract the firm's total current assets from the total equity value to calculate the total value of the fixed assets.
Total Fixed Asset Value = Total Equity Value - Total Current Assets
Total Fixed Asset Value = $1,179 million - ($87 million + $50 million + $25 million)
Total Fixed Asset Value = $1,017 million
Finally, we can calculate the per share price by dividing the total equity value by the number of shares outstanding.
Per Share Price = Total Equity Value / Number of Shares Outstanding
Per Share Price = $1,179 million / 75 million
Per Share Price = $15.72
Therefore, the per share price for Lorien Corporation is $15.72, which is closest to answer choice B, $15.23.

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the process of moving goods from the manufacturer into the hands of the consumers is generally referred to as

Answers

The process that entails how the goods from manufacturer get down to the consumer is distribution channel.

Distribution channel can be regarded as the methods that is been utilized by firm so that they can deliver their products or services to the end consumer.

This method  involves  network of intermediary businesses.

Theses intermediary are as follows, The manufacturers produce the goods moved to the wholesalers , then the wholesaler deliver to retailers.

Therefore, Distribution channel is necessary in business for the goods to reach final consumer.

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Sam and carlie, a married couple who will file jointly, are both teachers. In 2021, sam had receipts totaling $330 in unreimbursed, qualifying expenses for his classroom. Carlie also had unreimbursed expenses for covid-19 protective items, such as face masks and hand sanitizer, that she purchased during the year in an attempt to stop the spread of covid-19 in her classroom. Her receipts totaled $295. What is the maximum amount of educator expenses the couple may deduct on their joint return?

Answers

WASHINGTON (AP) – Qualified instructors can deduct unreimbursed COVID-19 protective equipment purchased to prevent the spread of COVID-19 in the classroom.

What are the objectives of instructors?

Teachers are responsible for creating and maintaining a civil, productive, inclusive, and engaging learning environment. Both teachers and students must approach the educational setting with decency and respect. A teacher is a form of educator. An instructor can be anyone, although it generally refers to someone who teaches hands-on skills, such as a water-skiing teacher or the knitting class instructor at the community center. "Instruction or teaching is more technical, like a specific skill set," he explains. "Coaching, on the other hand, involves overseeing a player's complete growth rather than simply a tiny element of it."

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Scenario 3: Buying a cell phone plan It’s time to buy a new cell phone plan, and you will be paying for this one yourself. The providers offer a lot of options, and your budget is limited. What financial information do you need? What financial decision-making strategies can you use? (Cost comparison, cost-benefit analysis, calculating future expenses, or budgeting?)

Answers

Answer:

hi bestie

cost comparison

Explanation:

Imagine your class has been asked to organize a career fair for your school. Now that you know about all the career clusters, you want to be sure to include each one in the career fair,
Working in small groups, imagine your class has been asked to organize a career fair for your school. Now that you know
Brainstorm how you would begin to organize this career fair. What would you need to do? What information would you
need to have? What permissions would you need to secure? Where will this be held?
Describe your plan below in detail.

Answers

Answer: Organizing a career fair requires knowledge of a variety of career clusters. Here are certain ideas you can use while organizing a career fair:-

After dividing the class into smaller groups assign each group a particular career path on which they can prepare a presentation.Prepare an itinerary for the presentations and assign each group a particular time slot.These itineraries can be distributed as pamphlets to the target audience.Each group can make an effort to invite certain professionals or experts from the field for the occasion.Permission from the School Council and higher authorities might be required for the use of school grounds and auditoriums.Each group must have a leader for the coordination of the activities.The leaders must work together as a team and keep each other updated about the progress of their individual groups.

money set aside for illicit activities or payments

Answers

A slush fund is a sum of money that is set aside as a reserve and that is kept for no particular purpose.

A slush fund is a fund or account used for miscellaneous earnings and costs, specifically when those are corrupt or illegal. Such finances may be stored hidden and maintained one by one from money this is used for valid purposes. Slush finances may be hired with the aid of authorities or company officers in efforts to pay influential humans discreetly in return for preferential remedy, advance information (along with private facts in financial transactions), and other services.

The price range themselves may not be saved secret however the source of the finances or how they were obtained or for what functions they're used can be hidden. The use of a slush budget to influence authorities' activities may be regarded as subversive of the democratic procedure.

A slush fund also can be a reserve account used to reduce fluctuations in a company's profits by withholding them when they are high and supplementing them while they may be low. This form of slush fund isn't inherently corrupt but is despite the fact that a form of income management that tends to lie to the general public about the organization's monetary circumstances.

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Double entry Received commission by Cheque

Answers

Answer:

congratulations sirr

Explanation:

ask any question or queries not other things

sorry if this was hurtful to you

Explain what is meant by the business entity concept?

Answers

The business entity concept. The business entity concept states that the business is separate from the owner(s) of the business. Therefore the accounting records for even the simplest business, the sole trader, must be kept separate from the personal affairs of the owner or owners.

how can self-awareness help an entrepreneur to be successful?​

Answers

Answer:

If you know your skills and how you best work it can help you better shape the around you to be the best outcome for you,

education opens the door to employment.

Answers

Answer:

yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.

Yes correct perfect

What are Logistics careers?

Answers

Crucial to the supply chain of any business, logistics involves the timely delivery of freight and goods from one place to another, as well as the unloading and unpacking of this cargo. Logistics workers may perform duties including inventory control, pricing and ticketing, and merchandise assembly.

The Big Bang is the predominant theory explaining the moment that what began?
Scientific theory
Historical cataloguing
The universe
Greek mythology

Answers

The universe .
The Big Bang theory if the thought to be the creation of everything

What are three things I can do now to start building my work experience?

Answers

Maybe do internships.

Which type of worker would most likely be able to begin work after receiving a high school degree and completing
an on-the-job apprenticeship?
A. a miner
B. a forester
C. a conservationist
D. a park worker

Answers

D. A park worker I believe
D: a park worker because it’s most suited after receiving a high school degree and completing an on-the-job apprenticeship.

If an investor has an established margin account with a short market value of $24,000 and a credit balance of $30,000, the maintenance call will be for:_________

Answers

According to the above question, the maintenance call will be for the amount $1,200.

What is market value?

Market value can be defined as value of an asset, or the value assigned by the financial community to a certain equity or firm. It is also known as Open market valuation.

The computation of the Minimum maintenance is done as below:-

current market value =30% of $24,000

                                   =$7,200.

                                   = ($30,000 − $24,000)

                                  =$6,000

maintenance call     =$7,200 - $6,000

A short margin account's minimum maintenance requirement is 30% of the current market value. In this instance, 30% of $24,000 equals $7,200. The account presently has $6,000 in equity ($30,000 $24,000). As a result, the cost of the maintenance call is $1,200.

Therefore, it can be concluded that The cost of the maintenance call will be $1,200.

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suppose the mu/p for bottled water is greater than the mu/p for bags of chips. to maximize total utility, the consumer should buy group of answer choices more bags of chips and less bottled water. more bottled water and fewer bags of chips. more of both goods. less of both goods.

Answers

Suppose the mu/p for bottled water is greater than the mu/p for bags of chips. To maximize total utility, the consumer should buy more bottled water and fewer bags of chips. The correct option is B.

What is marginal utility?

Marginal utility is a concept in economics that refers to the additional satisfaction or usefulness a consumer derives from consuming one more unit of a good or service. It is the change in total utility that results from consuming one additional unit of a good or service.

The marginal utility can be calculated by dividing the change in total utility by the change in the quantity of the good consumed. For example, if consuming one additional unit of a good increases total utility from 10 to 12, the marginal utility of the good is 2.

When the marginal utility per dollar spent (MU/P) is greater for a good, it implies that it provides a greater increase in utility per dollar spent than the other goods. To maximize total utility, the consumer should spend their money on the goods that provide the greatest utility per dollar spent.

In the given scenario, the marginal utility per dollar spent on bottled water is greater than that of bags of chips. This indicates that consumer can maximize their total utility by buying more bottled water and fewer bags of chips. Therefore, the correct option is more bottled water and fewer bags of chips. The Correct option is B.

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A lawyer believes his client is guilty, but remains professional and represents his client. This is an example of which of the following?
Moral behavior
A.) moral behavior
B.) unlawful behavior
C.) ethical behavior
D.) mannerly behavior

Answers

Answer:

C

Explanation:

Would say Moral but it's ethical and couretious

C because ethical behavior is having part within keeping it fair.

johnstonbookstore is the bookstore on campus for students and faculty. the bookstore shows the following sales projections in units by quarter for the upcoming year:

Answers

The Total sales revenue is given by $158,010 of the Johnston Bookstore on campus.

Income is cash brought into an organization by its business exercises. Revenue can be calculated in a variety of ways depending on the accounting method used. Gathering bookkeeping will incorporate deals made using a loan as income for labor and products conveyed to the client. Under specific principles, income is perceived regardless of whether installment has not yet been gotten.

It is important to really take a look at the income explanation to evaluate how productively an organization gathers cash owed. Cash bookkeeping, then again, will possibly consider deals income when installment is gotten. A "receipt" is money paid to a business. Receipts can exist even without revenue. For instance, this activity results in a receipt but does not generate revenue if the customer paid in advance for goods or services that have not yet been delivered.

1st Quarter:

Books-

Unit sales: 1,570

Unit price: x $85

Book revenue: $133,450

School supplies-

Unit sales: 200

Unit price: x $18

School supplies revenue: 3,600

Apparel-

Unit sales: 580

Unit price: x $29

Apparel revenue: $16,820

Miscellaneous-

Unit sales: 690

Unit price: x $6

Miscellaneous revenue: $4,140

Total sales revenue: $158,010

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Complete question:

Sales budget for a retail organization:

Johnston Bookstore is the bookstore on campus for students and faculty. The bookstore shows the following sales projections in units by quarter for the upcoming year:

Quarter-Books-Supplies-Apparel--Miscellaneous

1st...........1570 200 580 690

2nd........800 190 330 540

3rd........1790 240 880 890

4th........670 180 540 440

The average price of an item in each of the departments is as follows:

Average sales price per unit

Books.......................................$85

School supplies..................$18

Apparel..................................$29

Miscellaneous.....................$6

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