Only scheduled personal property is covered by homeowners' insurance

Which of the following is a false statement regarding partnerships?

A. Partnerships are limited to less than one hundred partners B. partners may be held personally liable for the partnership debts C. The accounting records for the partnership should be maintained separately from the accounting records of the partners D. Partnerships may have as few as two partners

Cell phone manufacturer LZT has to choose between two options for sourcing parts: Japan-based Keiko Inc. and U.S.-based Global Tech. How can Keiko reduce the total customer cost for LZT?

A) absorbing some risk by offering a warranty B) improving the functional aspects of the products C) augmenting the psychological benefits of the products D) training service personnel to improve their skills E) investing in brand building for the products