Partners Jessica and Jill receive salary allowances of $5,000 and $10,000, respectively. They share income and losses in a 3:1 ratio for Jessica and Jill, respectively

If the partnership suffers a $21,000 loss, by how much would Jessica's capital decrease?
A) $15,750
B) $10,750
C) $16,000
D) $22,000

Answer: D

Business

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A listing agreement was signed by an attorney in fact on behalf of the seller. This is a binding contract only if,

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