A general partner
a. has the right to inspect partnership books and records at all reasonable times.
b. may copy partnership books and records with the consent of the managing partner.
c. may not transfer his/her partnership economic interest without the written consent of all other partners (or partner),.
d. cannot receive a salary from the partnership in addition to his/her share of profits.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A general partner a. has the right to inspect partnership books and records at all reasonable times. b. may copy partnership books and ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
When certain customers made cash payments to reduce their accounts receivable, the bookkeeper embezzled the cash and wrote off the accounts as uncollectible. Which control procedure would most likely prevent this irregularity?
Answers (2)
Robinson's has 42,000 shares of stock outstanding with a par value of $1 per share and a market price of $42 a share.
Answers (1)
Bill and Mike go in together to purchase 342 acres of land to use for hunting and family vacations. Ten years later, Bill dies and Bill's wife wants to sell his half of the land.
Answers (1)
Which of the following events would cause a movement along the aggregate demand curve ? A. an increase in consumption B. a decrease in the price level C. an increase in net exports D. a decrease in consumption
Answers (1)
Compute the missing amount in the accounting equation for each company (amounts in billions) : Assets Liabilities Stockholders' Equity Love Drycleaners $? $43 $38 Ernie's Bank 25? 20 Weekly Stop Grocery 38 9? Requirement 1.
Answers (1)
New Questions in Business
When the federal funds rate increases, banks make: (a) fewer loans to ensure they do not run low on reserves. (b) fewer loans so they can worry less about borrowing reserves. (c) more loans so they can worry less about borrowing reserves.
Answers (1)
Potential real gdp = $200 billion natural rate of unemployment = 6 percent actual rate of unemployment = 12 percent refer to the accompanying data, which is for a specific year in a hypothetical economy for which okun's law is applicable.
Answers (1)
Assume that a $1,000 bond issued in 2015 pays $100 in interest each year. What is the current yield on the bond if it can be purchased for $1,200? Enter your answer in percent form and to one decimal place. For example, if your answer is 0.034 (3.
Answers (1)
Flex Co. just paid total dividends of $975,000 and reported additions to retained earnings of $2,925,000. The company has 675,000 shares of stock outstanding and a benchmark PE of 16.9 times. What stock price would you consider appropriate?
Answers (1)
Improving performance and striving for a better career is an example of ...
Answers (1)