Business, 04.08.2019 20:00 Queenjlife2583

Articles of partnership establish a)how businesses can raise capital. b)what business taxes are paid. c)how profits and losses are divided. d)what is included in a charter.

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The correct answer is c)how profits and losses are divided.

This is done in order to split the profits according to each partner's contribution, as well as to prevent people from suffering in case that a single partner makes a mistake. For example, if a company fails because of a single partner, the people to whom money is owed can only legally attack that single partner because it wasn't the fault of the other partners too.

Answer from: leo4687

The answer is: c)how profits and losses are divided.

The articles of partnerships will clearly specify the voluntary contract among all owners in the partnerships and each of their rights in the company.

It provides the information regarding the amount of capital that each of the partners brought to the business, the type of skill set that make each of them valuable, and agreement for how the profit shall be divided among them.

Answer from: Quest

answer; a large down payment,a longer term loan, would result in a lower monthly payment;

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.

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Articles of partnership establish a)how businesses can raise capital. b)what business taxes are paid...

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