Question: which one for each question? No explanation needed. If you were considering selling $1 million worth of computer equipment to a partnership on credit, which
which one for each question? No explanation needed.

If you were considering selling $1 million worth of computer equipment to a partnership on credit, which of the following factors would influence your assessment of the ability of the partnership to pay you back: The value of the personal assets of the employees of the partnership business. )Whether the individual partners had agreed to indemnify each other against any partnership liabilities that they have to pay individually. The designations of heirs that the partners had made in their respective wills. The value of the assets of the partner's spouses. The value of the personal assets of the individual partners. Question 27 (1 point) ) Listen Aaron and Yarun are carrying on a takeout pizza business as a partnership. Yarun bought the car which the partnership uses in its business. After a few months, Yarun tells Aaron that he wants to use the car at night and on the weekends for his personal use, but Aaron says it must be used exclusively for the partnership business. Since Yarun bought the car, he can use it however he likes: True False Question 28 (1 point) )Listen Banks take collateral to secure the obligations of people who owe them money as a way to reduce the risks associated with non-payment. Having a security interest in collateral will not prevent a debtor from defaulting but will reduce the risk that the bank will be unable to recover what it is owed: True False
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
