For the ________ inventory system, Q, the quantity ordered, can vary
Fill in the blank with correct word.
Answer: periodic
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Under the Revised Uniform Partnership Act (RUPA), which of the following statements concerning the powers and duties of partners in a general partnership is(are) true? Each partner is an agent of every other partner and acts as both a principal and an agent in any business transaction within the scope of the partnership agreement. Each partner is subject to joint and several liability on partnership debts and contracts.
A. I only. B. II only. C. Both I and II. D. Neither I nor II.
Polly purchased a Homeowners 3 policy. She has a swing set in the backyard of her home
While her son and the neighbor's child were using the swing set, it collapsed. Both of the children required medical care. Which of the following statements is true? A) The medical expenses Polly's son are covered under the policy. B) The medical expenses of the neighbor's child are covered under the policy. C) If Polly's son sues Polly and wins, the insurer will pay the damage award. D) If the neighbor sues Polly, Polly must pay for the lawyer who defends the suit.