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please answer all questions. thank you! The ability of a partner to enter into a contract on behalf of all partners is called a. voluntary
please answer all questions. thank you!
The ability of a partner to enter into a contract on behalf of all partners is called a. voluntary agency b. mutual agency. c. unlimited liability d. voluntary association. 37. Which of the following does not result in dissolution of a partnership? a. b. Sale of partnership assets c. e. 38. Admission of a new partner Death of a partner Bankruptcy of a partner 39. Jerry and Rose have agreed to form a partnership. Accordingly, Rose will invest $40,000 worth of equipment which has a note payable of $15, 000 which the partnership assumes, and Jerry will invest $40,000 in cash. The Rose's capital account balance will be. A. $40,000 B. $25,000 C. $15,000 D. $80,000 Step by Step Solution
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