Jamie and Maria invested all their savings in a small pizzeria they opened outside the University of Western Kentucky. They operated the business as a general partnership. After 11 months the business went broke and Jamie and Maria were left with outstanding bills of $37,500, which is more than their investment in the company. Jamie and Maria can: A. lose their personal assets as the result of their company's financial problems. B. lose only the funds they originally invested in their company. C. lose only the total value of the assets actually used to operate the business. D. avoid any liability for these debts since a partnership is considered to be a business entity that is separate and distinct from the partners who own it

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Jamie and Maria invested all their savings in a small pizzeria they opened outside the University of Western Kentucky. They operated the business as a general partnership. After 11 months the business went broke and Jamie and Maria were left with outstanding bills of $37,500, which is more than their investment in the company. Jamie and Maria can: A. lose their personal assets as the result of their company's financial problems. B. lose only the funds they originally invested in their company. C. lose only the total value of the assets actually used to operate the business. D. avoid

any liability for these debts since a partnership is considered to be a business entity that is separate and distinct from the partners who own it

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Asked 10/1/2009 12:53:56 PM

Updated 173 days ago|6/18/2024 11:12:08 AM

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User: Jamie and Maria invested all their savings in a small pizzeria they opened outside the University of Western Kentucky. They operated the business as a general partnership. After 11 months the business went broke and Jamie and Maria were left with outstanding bills of $37,500, which is more than their investment in the company. Jamie and Maria can: A. lose their personal assets as the result of their company's financial problems. B. lose only the funds they originally invested in their company. C. lose only the total value of the assets actually used to operate the business. D. avoid any liability for these debts since a partnership is considered to be a business entity that is separate and distinct from the partners who own it

Weegy: A. they lose their personal assets as the reult of the company's financial problems.
Expert answered|itolduso|Points 1821|

User: Many countries use ________________ to protect their domestic industries against dumping and unfair foreign competition. A. export limitations B. global marketing C. trade protectionism D. import enhancements

Weegy: C trade protectionism (This is tariffs or taxes)
Expert answered|itolduso|Points 1821|

User: Under a system of floating exchange rates, changes in the value of the U.S. dollar relative to other currencies usually result from: A. negotiated rate adjustments between the U.S. government and the World Trade Organization. B. decisions by the Federal Reserve Board of Governors to declare a new value for the exchange rate. C. fluctuations in the world price of gold. D. changes in the supply of and/or demand for dollars in the market for the U.S. currency.

Weegy: c
Expert answered|itolduso|Points 1826|

Question

Asked 10/1/2009 12:53:56 PM

Updated 173 days ago|6/18/2024 11:12:08 AM

1 Answer/Comment

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Sshhae05

Under a system of floating exchange rates, changes in the value of the U.S. dollar relative to other currencies usually result from: changes in the supply of and/or demand for dollars in the market for the U.S. currency.

Added 173 days ago|6/18/2024 11:12:08 AM

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Three types of partnerships are A. sole, general, and specific. B. general, unlimited, and general liability. C. specific, general, and generic. D. general, limited, and limited liability.

Weegy: d. General, limited and limited liability User: Which of the following is a major trend in the global economy? A. A movement to impose more barriers to international trade. B. Slow economic growth in less developed nations. C. Increasing interdependence among the world’s economies. D. Slow growth in the volume of trade among nations due to a lack of cooperation among international institutions. (More)

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Updated 5/8/2019 2:32:50 PM

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emdjay23

Increasing interdependence among the world’s economies is a major trend in the global economy.

Added 5/8/2019 2:32:50 PM

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Which theory states that a nation should produce and sell goods to other countries that it produces most efficiently, and buy goods produced more efficiently by other countries? A. Comparative advantage. B. Absolute advantage. C. Mercantilism. D. Bilateral advantage.

Weegy: C. Mercantilism. If you are satisfied with my answer, please click 'Good' on the ratings. (More)

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Expert Answered

Updated 5/4/2016 1:01:33 PM

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emdjay23

Comparative advantage theory states that a nation should produce and sell goods to other countries that it produces most efficiently, and buy goods produced more efficiently by other countries.

Added 5/4/2016 1:01:29 PM

This answer has been confirmed as correct and helpful.

Confirmed by Andrew. [5/4/2016 3:14:52 PM]

Measuring international trade and its impact on individual nations requires __________ A. knowledge of balance of trade. B. bartering privileges. C. national leaders to agree to the same measurement standards. D. the total value of imports to exceed the total value of exports.

Weegy: C User: that is incorrect Weegy: are you quizzing me? User: i submitted that to my test and that answer was incorrect (More)

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Updated 2/17/2014 5:09:57 AM

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jeifunk

Measuring international trade and its impact on individual nations requires A. knowledge of balance of trade.

Added 2/17/2014 5:09:55 AM

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A ___________ is an organization that is owned and controlled by the people who use it—producers, consumers and workers with similar needs who pool their resources for mutual gain. A. corporation. B. limited partnership. C. mutual fund. D. cooperative.

Weegy: A COOPERATIVE is an organization that is owned and controlled by the people who use it—producers, consumers and workers with similar needs who pool their resources for mutual gain. (More)

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Updated 1/20/2014 11:55:40 AM

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