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Author Question: A registration certificate for a partnership's fictitious name contained the names of Barry, Boyd, ... (Read 88 times)

gbarreiro

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on: Jun 24, 2018
A registration certificate for a partnership's fictitious name contained the names of Barry, Boyd, and Swartz. Bank or America extended credit to the firm in reliance in part on the certificate that named Swartz as a partner. Swartz, in fact, had no knowledge of the certificate and never had agreed to be a partner. Because of BOA's reliance on the certificate and the statement that Swartz was a partner, Swartz has a partner's liability insofar as Cruise is concerned.
  Indicate whether the statement is true or false

Question 2

Depreciation is subtracted from the cost of the property in determining the adjusted basis.
  Indicate whether the statement is true or false


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jackie

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


gbarreiro

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Reply 2 on: Jun 24, 2018
Gracias!

duy1981999

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Reply 3 on: Yesterday
Excellent

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