This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Limited partners are personally liable for debts of the business. Indicate whether the statement is ... (Read 293 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: Jun 24, 2018
Limited partners are personally liable for debts of the business.
  Indicate whether the statement is true or false

Question 2

The Scribners purchased property on which they subsequently discovered there was barium contamination that resulted from former land ownership by Jasco-Sun Steel. The Scribners were unable to sell their property, but the valuation for tax purposes remained the same following the barium discovery. Which of the following is correct?
 A)Environmental contamination is not used in property valuation.
 B)Environmental contamination is not used in property valuation when the landowner is not responsible.
 C)Environmental contamination is a factor in valuation.
 D)None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


cherise1989

  • Member
  • Posts: 555
Reply 2 on: Jun 24, 2018
:D TYSM

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Sample Exercise Program for Limited Older Adults (cont.) Sample Exercise Program for Limited Older Adults (cont.)
Needle-nose pliers are used where there is limited access to a wire or pin that needs to be ... Needle-nose pliers are used where there is limited access to a wire or pin that needs to be ...
Entrepreneurship: Starting and Operating a Small Business (3rd Edition) Entrepreneurship: Starting and Operating a Small Business (3rd Edition)
International Business: The Challenges of Globalization, 8th Edition International Business: The Challenges of Globalization, 8th Edition
Business Math Business Math
The business trip grade 1 The business trip grade 1
Video: PET Scan Animation

For a complete list of videos, visit our video library