23. TRUE or FALSE: Partnerships are tricky and are sometimes difficult to know if one exists. Group of answer choices True False
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- 3. Suppose A, B, and C are not really partners, but A told X that A, B, and C are partners. X, believing the representation made by A and consented to by B, extend ed credit to A. What type of partnership was described? Explain.Which one of the following is not an advantage of partnership? a. Less profit because profit is shared b. Increased capital c. Increased knowledge and specialist skills d. Shared risk53. This pertains to the right to choose with whom a person wishes to associate himself which serves as the very foundation and essence of that partnership. A. Doctrine of Exclusivity B. Doctrine of Delectus Personae C. Doctrine of Holding Out D. Doctrine of Limited Partners
- A significant difficulty that entrepreneurs encounter is determining the kind of organization to create. What are some significant aspects of a partnership that might sway their decision?1) What are the critical issues a partnership should address in a buy - sell agreement? 2) what are the advantages of sole proprietorships? 3) briefly discuss some of the effective ways to stem complaints?Suppose A, B, and C are not really partners, but A told X that A, B, and C are partners. X, believing the representation made by A and consented to by B, extended credit to A. What type of partnership was described? Explain.
- Why is it important for all partners in a partnership to be on the same page in regard to the method used? What happens if they can not agree?5. What are the kinds of partnership? Please help me answer it, don't worry I'll rate it helpful, thank you!_____________ is a disadvantage of Partnership. a. Potential disagreements between partners b. Great range of skills c. Shared responsibilities d. More capital
- Which one of the following would not be considered in the development of a partnership agreement? A. profit and loss levels B. processing disputes C. stock options D. asset contributionsWhich of the following is not a characteristic of a partnership firm? Select one: A. Limited Liability B. Easy Formation C. Mutual Consent D. Equal Profits4. How much is the capital of Adee upon partnership formation?