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 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|

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

Updated 6/18/2024 11:12:08 AM

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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 6/18/2024 11:12:08 AM

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