To settle issues between the remaining partners in the event of the death of a partner, the partnership should have a _____ agreement in place.

Answers

Answer 1

The agreement that will help to settle issues between the remaining partners in the event of the death of a partner, the partnership should have a buy-sell agreement in place.

We need to first know what a buy-sell agreement is.

What is a buy-sell agreement?

The buy-sell agreement is a document that stipulates what a partner wants to be done to his share of the business in the event of death.

This agreement is important because it will help to prevent disagreement in the eventuality of death.

Therefore, the correct agreement that the partnership should have is a buy-sell agreement.

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Related Questions

Roberto Sanchez, CFA, and Andreas Lopez, CFA, worked as financial analysts for OneWorld Analytics for years. While at OneWorld, Lopez created a highly complex financial valuation model with Sanchez making small contributions to its development. Recently, Lopez left OneWorld to start his own company using a simplified model he developed prior to joining OneWorld. Over a six-month period, he improves this software, duplicating features he used at OneWorld. His upgraded program produces predictions similar to the results of the OneWorld program. At OneWorld, Sanchez continues to use the complex model he and Lopez developed and attains superior results. Whose behavior most likely conforms to the CFA Institute Standards of Professional Conduct?

a. Lopez but not Sanchez
b. Sanchez but not Lopez
c. Both Lopez and Sanchez

Answers

how do i post a question?

Employee turnover at a company is low overall, but many employees from one department are seeking transfers to other divisions. Which situation is most likely an explanation for the employees seeking to leave their department

Answers

One situation that is likely to be an explanation for employees looking to leave their department is an increase in workplace conflicts.

This situation is known as voluntary turnover, where employees choose to leave a department, due to some adverse situation such as a conflict, or in search of better job opportunities.

Therefore, it is necessary to implement actions that reduce labor turnover, analyzing the causes of the increase in this instance, in an attempt to improve the work environment with greater communication, integration, training and cooperation.

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what are control accounts in accounting??​

Answers

In accounting, the controlling account is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail.

if identical firms remain in competitive market over long run make zero economi profit why choose to remain

Answers

Because a normal rate of return on their investment is included as part of the opportunity cost of production.

To succeed in the future, marketing must ________. rely more on mass marketing become more holistic focus on free-spending be more departmental build brands through promotion rather than performance

Answers

Based on marketing strategies, to succeed in the future, marketing must become more holistic.

What is marketing?

Marketing is the process of promoting commodities and services in a way that results in to increase in its demands. It usually involves advertisements mad marketing research.

However, to be more successful in the future of the business, it is believed that marketing should become holistic and less departmental.

This implies that marketing should be carried out by every segment or unit of the business and not left to

marketing department alone.

Hence, in this case, it is concluded that the correct answer is option B. "become more holistic."

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Please, help, I will award brainliest!
How does government spending on health impact standard of living. Please respond in the form of a TEEEL paragraph.

Answers

For lower income people:

The more the government puts towards health care would mean there would be a higher quality of life for low income areas allowing them to get access to needed healthcare for no cost to them.

For higher income people / corporate entities:

it would mean higher taxes on the 1% and 0.1% of the richer people and raising taxes on corporations such as higher taxes on dividends.

Summary:

For a SoL on one side to change another side would have to lose.

This is because money coming into and going out of the business affects Owner's Equity.

Based on the debit and credit entries you have observed in this lesson, which of the following is true?


Expenses and Sales increase Owner's Equity
Expenses increase and Sales decrease Owner's Equity
Expenses decrease and Sales increase Owner's Equity
Expenses and Sales decrease Owner's Equity

Answers

It is true that the expenses decrease and Sales increase the Owner's Equity.

Basically, owner's equity refers to the amount of the business-owner's investment in an asset after total liabilities have been deducted.

Any revenue into the business increase the owner's equity through business activities .

Any expense into the business decrease the owner's equity through business operations.

Therefore, the Option C is correct because the expenses decrease and Sales increase the Owner's Equity

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The strategy of delivering new, exciting, and unique products to the customers is known as a _____________ strategy.

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Differentiation strategy.

Intensity pertains to the amount of effort being invested in an activity. Group startsTrue or False

Answers

Answer:

true

Explanation:

woman caught on video throwing soup in face of restaurant manager after argument

Answers

Is that even a question

Select this link to view the North American Free Trade Agreement Preamble. How does this agreement help the nations involved? Check all that apply. It reduces barriers to trade. It coordinates trade with other trade agreements. It promotes industry development and trade. It requires environmental protection. It builds up a common military. It protects workers’ rights.

Answers

The North American Free Trade Agreement (NAFTA) helps nations involved in that:

It reduces barriers to trade. It promotes industry development and trade.It requires environmental protection.It protects worker's rights.

The NAFTA was mostly a trade agreement which means that it is meant to reduce the barriers that member countries have in trade as well as promote facilities that encourage trade such as industrial development.

It then goes further to require that the environment be protected by member states and that workers be treated fairly with all appropriate rights.

In conclusion, the NAFTA was a comprehensive trade agreement that did a lot of things.

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Answer:

1, 3 ,4 , and 6

Explanation:

I got it right on edge , good luck guys:)

Select the correct answer.
Mark works as an operations manager in a manufacturing firm. Mark is very particular about the new employees that the company plans to hire, especially because the business needs skilled workers to use new machinery. Which management function is Mark carrying out to maximize his company’s operations in the future?
A. staffing
B. controlling
C. planning
D. organizing

Answers

Answer:

Explanation:

I'd say controlling

It could be staffing tho i don't know

Answer:

A) Staffing

Explanation:

Took test

You invest $3,500 at 10% compounded annually for 3 years. How much will your investment be worth in 3 years

Answers

Answer:

Your total balance after 3 years would be $4,658.5 with a total compounded interest of $1,158.5

Total revenue minus the total _____ and total _____ costs of production is economic profit. Multiple choice question. explicit; accounting explicit; modified implicit; explicit implicit; modified

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Total revenue minus the total explicit and total implicit costs of production is economic profit.

Economic profit is accounting profit less implicit or opportunity costs. It is also total revenue less explicit and implicit cost.

Explicit cost is the amount used in running a business. Examples are rent and wages.

Implicit cost is the cost of the next best option that is let gone off when one option is chosen over other options. For example, a baker leaves his job to start his own business. His implicit cost is the wages he earned as a baker.

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When prices are sticky in the short-run, the economy is forced to respond to shocks in the economy with changes in:

Answers

Answer:

output and employment

Which of the following would be covered by a home insurance policy?
Question 5 options:

Hospital expenses for surgery

Wind damage to your roof

Accidental injury to a coworker on the job

Damage to another person's car when driving

Answers

Answer:

2

Explanation:

Wind damage to your roof

The answer to this question is B: Wind damage to your roof. That’s because it is the only option that has to do with homes.

If you don't meet a deadline at work, you could: *

Answers

Answer:

Failing to meet a deadline in the workplace may result in disappointing your co-workers, receiving a negative reaction from your boss, or even hurting your company as a whole. If you cultivate time management skills early, you will have a better chance of success in your future career.

A serious rumor is spreading through the grapevine that eight managers in the Northeast Region will be fired due to underperformance. The stores are buzzing with speculation about this rumor, upsetting managers and sales staff and distracting them from doing their jobs. What method do you choose to address this matter

Answers

The best method which should be chosen to address this matter regarding the rumor about the firing of managers in the company is:

Make the firing decision immediately so that business can return to normal and replacements made

According to the given question, we are asked to state the best method to be chosen to address this matter regarding the rumor about the firing of managers in the company

As a result of this, we can see that when rumors like this circulate around the workplace, the output of the workers would reduce and this would have a negative impact in the company. It would best  to make a decision quickly so that business would resume as normal.

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If the MPC is 0.8 and government transfers to households decrease by $50 million, then equilibrium GDP will decrease by:

Answers

The equilibrium GDP will decrease by $200 million if the government transfers to households decrease by $50 million.

Transfer payment multiplier = MPC / (1 - MPC)

Transfer payment multiplier = 0.8 / (1 - 0.8)

Transfer payment multiplier = 0.8 / 0.2

Transfer payment multiplier = 4

If the government transfers decrease by $50 million.

Equilibrium GDP will decrease by:

= $50 million * 4

= $200 million.

Therefore, the equilibrium GDP will decrease by $200 million if the government transfers to households decrease by $50 million.

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Common stock's par value ______. (Check all that apply.) Multiple select question. has become less meaningful because states use other means to prevent stockholders from removing capital from financially distressed companies equals the amount of cash contributed by shareholders was introduced to prevent bankrupt companies from unfairly distributing company resources affects how common stock is recorded

Answers

Considering the available options, Common stock's par value "has become less meaningful because states use other means to prevent stockholders from removing capital from financially distressed companies."

Also, Common Stock's par value "was introduced to prevent bankrupt companies from unfairly distributing company resources."

Again, Common Stock's par value "affects how common stock is recorded."

Generally, Common stock's par value is the amount or price of stock shown on the bond certificate. It is usually between $0.10 to $0.01.

Hence, in this case, it is concluded that the correct answer is options A, C, and D.

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________ strategy involves the types of decisions made and direction created for a company that operates multiple lines of business.

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Corporate strategy involves the types of decisions made and direction created for a company that operates multiple lines of business.

Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimberly because she had done a good job setting up the company's new accounting system. Jonah is very satisfied with Kimberly's work and feels that the fees she charges are quite reasonable. Kimberly would be classified as a(n)

Answers

Licensed professionals who indulge in preparing financial documents for individuals, organizations and business are called public accountant. Hence, Kimberly would be classified as a public accountant.

Based on the description given which involves the various tasks undertaken by Kimberly while working for Jonah, such as preparation of tax income forms and various financial documents.

Here, Jonah is Kimberly's client and she will be classified as a public accountant.

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1) Explain in brief the creations of controlled environment for off season vegetable farming.
2)Introduce off-season vegetable farming with its technique & advantages.​

Answers

Answer:

1.the off season vegetable production can be obtained by different ways such as taking use of and utilise various agro climatic condition improve writing choosen adjustment of planting time making plastic tunnels polythene house and permanent glass house to provide control environmental conditions.

2the of seasonal vegetable are those vegetable which can be grown in rainy season using technology The main advantage of off season vegetable is that ensure food security for example tomato can be grown every time using a tunnel of greenhouse technology are genetically modified seed.

match each label to the appropriate scenario. note that some labels may be used more than once, while other labels may not be used at all. additionally, some scenarios may apply to multiple labels, while other scenarios will only apply to one label.

Answers

Demand and supply increases in this scenario:

Gasoline: a new housing development goes up. Several new gas stations are built nearby

Demand increases and supply decreases in this scenario:

Taxis: public transit workers at a popular tourist attraction go on strike as a holiday weekend approaches

Demand and supply decreases in this scenario:

Pumpkins: an early frost destroyed much of the pumpkin crop. A newspaper reports zucchini is better for pie than pumpkin.

Demand decreases and supply increases in this scenario:

Corn: news media run stories about people with corn allergies. The corn crop is unusually large.

The factors that lead to a change in the demand of a good

Change in the price of a substitute good: if the price of a substitute good increases, the demand for the good increases and if the price of the substitute decreases, the demand for the good decreases.

Reports: If a favourable report is released about a good, the demand for the good would increase. If the opposite is the case, the demand for the good would decrease.

Change in weather: When winter is approaching, the demand for winter coats would increase and it would decline in summer.

Factors that lead to a change in supply

A change in the number of suppliers: if the number of suppliers of a good increases, there would be an increase in supply of the good. If the number of suppliers declines, there would be a fall in supply.

Natural disaster: A flood would reduce the supply of a good.

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A couple has a joint net worth of $12,000,000. If one dies in 2021, the taxable amount of the estate is:

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the answer id 0


hope this helps!!

Education benefits both students and the community. Suppose students purchasing education consider only their own benefits when determining how much education to obtain and schools supplying education consider only their costs when determining how much education to supply.

Answers

Education has help man to be able to shape a better society to live in by knowing and obeying rights, laws etc. In this situation, the social benefit will be Greater than the private benefit and the amount of education produced will be below the socially efficient amount.

Education has help in a lot of ways. These ways includes;

It has help to become better citizens.It has also help people to secure  better-paid job. Education shows us the essence of hard work.

Community education is also called community-based education. This is simply  an organization's programs aim to promote learning and social development work with individuals and groups in a said communities through the agent of  formal and informal methods.

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When an advertiser is in the process of creating an ad and debates whether to run the ad on television or in print, the advertiser is deciding on which ______ to use. Multiple choice question. headline medium text message

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When an advertiser is in the process of creating an ad and debates whether to run the ad on television or in print, the advertiser is deciding on which medium to use.

Mass media simply means the array of media technologies that can be used to reach out to people. There are several mediums to reach out to people such as television, radio, newspapers, etc.

Since the advertiser wants to create an advertisement is deciding whether to run the ad on television or in print, then the person is deciding on the medium to use.

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Which among the 4 common errors that leads to unbalanced account is the EASIEST to resolve. Explain Why.

Answers

The common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication.

In accounting, there are different type of error that could result to the unbalanced account, that is, leaving the Trial balance or Balance sheet unbalanced.

Generally, the recognized type of errors in accounting includes:

Error of Original EntryError of DuplicationError of OmissionError of Entry ReversalError of Principle Error of CommissionTransposition ErrorsRounding Errors etc

In conclusion, the common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication because they are easy to correct.

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One advantage of using the ______ channel over the ______ channel is the much higher probability of having a deeper assortment of merchandise available.

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The internet is also used in marketing product and services. One advantage of using the Internet channel over the  retail channel is the much higher probability of having a deeper assortment of merchandise available.

Digital marketing is simply an alternative name for internet marketing that covers all types of online marketing. It comprises of video marketing, email marketing, content marketing, social media marketing etc.

Some common type of internet marketing are Social media marketing. Influencer marketing. Affiliate marketing. Email marketing. Content marketing.

The purpose of online marketing is mainly to increase website traffic to the product site. Online marketers often uses new and innovative ways to come up with strategies to promote their individual sites.

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Under the LIFO retail inventory method, the cost of a new layer added during the period is determined by multiplying the retail value of the layer by the:________.
a. cost-to-retail percentage based on the goods available for sale.
b. beginning-inventory cost-to-retail percentage.
c. current-period cost-to-retail percentage.

Answers

Answer:

C. current-period cost-to-retail percentage.

Explanation:

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