Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 16, 2024

Which of the following is a separate legal entity? Select one: a. All of the above. b. Big Drain Plumbing - a partnership formed by

Which of the following is a separate legal entity?

Select one:

a.All of the above.

b.Big Drain Plumbing - a partnership formed by Alex and James to conduct a plumbing business.

c.Both B and C.

d.Burleigh Chess Club Inc. - a chess club.

e.Massive Mines N.L. - an Australian listed mining organisation employing 1000 people.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting IFRS

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

2nd edition

1118285909, 1118285905, 978-1118285909

More Books

Students also viewed these Accounting questions

Question

★★★★★

Portfolio Expected Return you own a portfolio that is 50 percent invested in Stock X. 30 percent in Stock Y, and 20 percent in Stock Z. The expected returns on these three stocks are 10 percent, 16...

Answered: 1 week ago

Question

★★★★★

Employers with excellent reputations will most often enjoy the benefits of a. Recruiting from a larger pool of potential workers. b. Recruiting from a smaller pool of potential workers. c. Paying...

Answered: 1 week ago

Question

★★★★★

=+a) What were the subjects?

Answered: 1 week ago

Question

★★★★★

One-Worksheet ConversionGovernmental ActivitiesAppendix Soucy Township Total Governmental Funds Preclosing Trial Balance December 31, 20X7 Soucy Township General Capital Assets and General Long-Term...

Answered: 1 week ago

Question

★★★★★

monthly payment is required to achieve this goal? For full marks your answer(s) should be rounded to the nearest cent. Official Time: 20:30:10

Answered: 1 week ago

Question

★★★★★

A 0.917-g sample of canned tuna was analyzed by the Kjeldahl method. A volume of 20.59 mL of 0.1249 M HCl was required to titrate the liberated ammonia. Calculate the percentage of nitrogen in the...

Answered: 1 week ago

Question

★★★★★

Chapter 8 question 5Hart company made 3,380 bookshelves using 22,380 board feet of wood costing $313,320. The company's direct materials standards for one bookshelf are 8 board feet of wood at $13.90...

Answered: 1 week ago

Question

★★★★★

Explain the Pascals Law ?

Answered: 1 week ago

Question

★★★★★

A report (LO8) on United Nation following issues: 1- Brief introduction to the organisation and sector it operates in, including a summary of the past 3 years' revenue (2020 to 2022), operating...

Answered: 1 week ago

Question

★★★★★

What are the objectives of performance appraisal ?

Answered: 1 week ago

Question

★★★★★

QUESTION 4 (b) Read the following scenarios: (i) (ii) (iii) Delphine & Co. is a law firm which had been operating for the past 20 years. The firm has over 200 active clients, mainly commercial...

Answered: 1 week ago

Question

★★★★★

State the uses of job description.

Answered: 1 week ago

Question

★★★★★

A buyer of the home dcor category at Kay's Department Store had net sales of $158,750.00. The original retail and sale prices of the three reduced items are provided below. a) Please calculate the...

Answered: 1 week ago

Question

★★★★★

3. Avoid making mistakes when reaching our goals

Answered: 1 week ago

Question

★★★★★

4. Achieve our positive goals (1 and 3 are motivated by avoiding the negative, while 2 and 4 are motivated by the positive). b. Initiative: When I communicate with others, I think it is very...

Answered: 1 week ago

Question

★★★★★

18. In the statements below, put a cross for the statement you feel characterizes yourself best when you communicate with others. Its not necessarily the way you know you should communicate, but the...

Answered: 1 week ago

Previous Question Next Question