What is the effect on business if an owner dies or departs for a general partnership?
What will be an ideal response?
Ans: dissolves automatically unless otherwise stated in partnership agreement
Business
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The Canadian economic system can be described as a:
A. mixed economy. B. capitalist economy. C. socialist economy. D. communist economy.
Business
Section 552 of the Restatement (Second) of Torts holds accountants liable ________
A) only to those in a privity-of-contract relationship with the accountant B) to any reasonably foreseeable user of the statement the accountant prepares C) to a limited class of intended users of the information D) only to the accountant's clients
Business