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Jake and Mike decided to go into business together selling T-shirts. Jake was the general partner while Mike was the limited partner. Mike invested $40,000 to help get the business off the ground. Mike loved to play golf every day and was disinterested in management. His only concern was making money and ensuring that the business was profitable. Jake decided to lease an office space in a building near the local mall to capitalize on the busy traffic to hopefully increase sales. Once Mike found out about Jake's decision to lease near the mall, he was outraged! He told Jake that the area was too busy and was not the best option for their t-shirt business. Mike demanded the location be changed to the Plaza near Fifth & Third Street and Jake agreed.
A few weeks later, a customer that purchased a t-shirt from Jake caught poison ivy and sued both Jake and Mike. Please discuss whether Jake, Mike, or both have unlimited personal liability. If so, please clearly articulate their respective liability, if any, applying the applicable law. I.R.A.C.
At one time, some companies hired talented people at a good salary with the assignment to simply "do something useful, and profitable." Were these hiring managers irresponsible? What kind of worker could perform well in such a position?
Being in the program is so muc fun, you are willing to to pay a net of $5,000 for the pleasure. What is the net cost of the education to you?
What constraints do insurance policies place on corporate aviation? Are these constraints good of bad for the industry? How should flight departments manage.
the baron basketball company bbc earned 10.00 a shares last year and paid a dividend of 6.00 a share.nbsp next year
Find an example of print communication, for example, a flyer on campus, a newsletter, or a magazine ad.- With a partner, discuss why the creator of the message may have chosen a print medium.
delta company is evaluating two different capital investments project x and y. either x or y would cost 100000 and
On an average day, Wilson's Meats receives 20 checks from customers that average $1,200 each. It takes half a day to process these payments and another day.
Barbell Corporation's income statment reports that the company's "bottom line" was $180,000 in 2008. The Statement also shows that the company had depreciation and amortization expenses equal to $50,000 and taxes equal to $120,000. What was Barbel..
Develop a three- to five-page analysis (excluding the title and reference pages) on the projected return on investment for your college education and projected future employment. This analysis will consist of two parts.
What are the interest payment and the origination fee required by the loan? What is the rate of interest charged by the bank?
Analyze the major pros and cons of preparing company budgets. Determine at least two critical budget items that you believe are essential in managing a company. Provide a rationale for your response.
Explain Determination of real rate of return
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