Ask Question
BusinessBusiness
6 April, 21:12

Ryder and sergei are partners in timberline gear, which sells mountain - and rock-climbing equipment. ryder manages the business. unless the partnership agreement states otherwise, ryder is?

+1
Answers (1)
  1. 6 April, 21:17
    0
    Ryder and Sergei are in one of the three partnerships (general, limited and limited liability), namely limited partnership.

    In limited partnership, one or more of the partners takes on a limited liability status (limited partner), but they do not have the right to the management of the company. At least one partner must assume all liabilities personally. This partner (general partner) has the right to control and management of the company.

    [ source: FindLaw ]
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Ryder and sergei are partners in timberline gear, which sells mountain - and rock-climbing equipment. ryder manages the business. unless ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
When a firm experiences economies of scale When a firm experiences economies of scale, A. increasing output will lead to lower average costs ... '
Answers (1)
Nash Corporation factors $175,000 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathleen Battle Financing will collect the receivables.
Answers (1)
For most people, the most effective way to save is: A,) Transfer money from a checking account into a saving account B.) Use a budget to determine how much you can save, then transfer that amount into a savings account C.
Answers (1)
On friday, niles sold $3.25 more than twice what she sold on thursday. she sold $20.25 friday. how much did she sell thursday?
Answers (1)
List some examples of physical capital a restaurant needs to operate.
Answers (1)
New Questions in Business
On January 2, year 2, Air, Inc. agreed to pay its former president $300,000 under a deferred compensation arrangement. Air should have recorded this expense in year 1 but did not do so.
Answers (1)
A home improvement firm has quoted a price of? $9,800 to fix up? eric's backyard. five years? ago, eric put? $7,500 into a home improvement account that has earned an average of? 5.25% per year.
Answers (1)
A budget surplus a. exists when government spending is greater than tax revenues. b. causes government debt to increase. c. occurs when the government has debt equal to zero. d. reduces the government's debt.
Answers (1)
Monique was looking for a venue for her wedding reception. When she visited one potential location, she noticed that the landscaping was not complete, and there was stained carpet in the lobby.
Answers (1)
A monthly fixed rate mortgage payment--- A. could change. B. never changes. C. increases annually. D. decreases annually.
Answers (1)
Home » Business » Ryder and sergei are partners in timberline gear, which sells mountain - and rock-climbing equipment. ryder manages the business. unless the partnership agreement states otherwise, ryder is?
Sign Up Forgot Password?