Robertson and Enrickson prepared an agreement to enter into a partnership. Both of the partners realized that outside capital was needed for the firm to begin operations; however, they also realized that their individual and combined credit ratings would not attract sufficient funds. In order to improve the new partnership’s ability to attract investment capital, and with the approval of Enrickson, Robertson added his friend Thompson’s name to the partnership agreement. Thompson, a well-known personality from a family of means, was not asked to be a partner and knew nothing of Robertson's and Enrickson's actions. Upon seeing Thompson's name on the partnership agreement, a local bank readily agreed to advance Robertson and Enrickson the total sum required to begin operations. The partnership has now failed, and the bank would like to hold Thompson, Robertson and Enrickson liable for the amount of the loan. Will the bank recover from Thompson, Robertson and Enrickson?
Answers: 3
Business, 22.06.2019 10:30
How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.
Answers: 1
Business, 22.06.2019 19:20
Six years ago, an 80-kw diesel electric set cost $160,000. the cost index for this class of equipment six years ago was 187 and is now 194. the cost-capacity factor is 0.6. the plant engineering staff is considering a 120-kw unit of the same general design to power a small isolated plant. assume we want to add a precompressor, which (when isolated and estimated separately) currently costs $13291. determine the total cost of the 120-kw unit. (hint: skip $ and comma symbols)
Answers: 3
Business, 22.06.2019 21:00
An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.
Answers: 2
Business, 22.06.2019 23:00
The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading
Answers: 2
Robertson and Enrickson prepared an agreement to enter into a partnership. Both of the partners real...
Mathematics, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50
Social Studies, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50
Physics, 13.01.2021 16:50
English, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50
Mathematics, 13.01.2021 16:50