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QUESTIONS Drab Inc merges with Barb Corp. Drab will be the survivor corporation. Prior to the merger Smith sued Barb Corp. Who has potential liability

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QUESTIONS Drab Inc merges with Barb Corp. Drab will be the survivor corporation. Prior to the merger Smith sued Barb Corp. Who has potential liability related to the lawsuit after the merger? a Barb b. Nobody. Barb is gone oc. Drab d. You 2 QUESTION 6 For which of the following purposes is a general partnership to be treated as a separate entity from its owners under the Uniform Partnership Act? a recognition of the partnership as an employer of its partners b. Insulation of its partners from personal liability Taking title and ownership of property d. Paying partnership taxes QUESTION 7 Gordon and Yara forma partnership. Gordon puts in 575.000 and O'Hara puts in 525.000. The partnership earns $10,000 in year one. There is No partnership agreement as to allocation of partnership income a. Each partner is entitled to 55.000 Chek Soe and Submit to save and tit. Click owe All Arrow all

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