Business, 15.02.2020 01:18 lizzyhearts

David, Richard, and Anthony are partners in a law firm under a typical partnership agreement in which each owns an equal share of the business. Richard dies suddenly of a heart attack. What will most likely become of the partnership?

Answers: 3

Show answers

Answers

Answer from: emily9656

Partnership will most likely be dissolved

Explanation:

Partnership agreement is a type of business agreement with two or more person who come together for business for the sole aim of profit making.It is guided by a set of rules called partnership deeds.

At the death of a partner , the partnership needs to be dissolved even if it has to be reformed after making adjustments as the situation may require.

The share of the deceased partner will be transferred to the rightful beneficiary who might be considered for a new partnership agreement if interested.

Answer from: Quest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answer from: Quest

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7. customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

Another question on Business

Business, 23.06.2019 00:30

How much of your paycheck do you have immediate access to once you deposit it into your bank account a. all of it b. a portion of it c. none of it

Answers: 1

Answer

Business, 23.06.2019 02:00

1. how much money did selfridge spend on advertising before the store’s opening? 2. explain what shopping was like in london during the early 1900s. how does this differ from the modern shopping experience? 3. what was the role of a floorwalker in 1900s london? 4. what inspired selfridge to ensure that customers in his store could browse at their leisure? do you need the links to the video?

Answers: 1

Answer

Business, 23.06.2019 02:00

When watching the video example 87: function notation, the presenter states that we need to, "go to this function and in the place of x, we will put in " â4 â3 â2 â1?

Answers: 3

Answer

Business, 23.06.2019 03:50

John is a journalist he went to a product demonstration for a new computer some of what he heard was informative while the rest was meant to persuade consumers to buy the product which two statements in the excerpt are persuasive rather than informative

Answers: 2

Answer

You know the right answer?

David, Richard, and Anthony are partners in a law firm under a typical partnership agreement in whic...

Questions