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 318 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

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

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

An individual's performance can be limited by environmental conditions, such as temperature. Ac An individual's performance can be limited by environmental conditions, such as temperature. Ac
Sample Exercise Program for Limited Older Adults Sample Exercise Program for Limited Older Adults
Example of Reconciling a Bank Statement Example of Reconciling a Bank Statement
Business Math Business Math
Business Math Business Math
Business Math Question Business Math Question
Video: Stages of Mitosis - Prophase, Prometaphase, Metaphase, Anaphase & Telophase

For a complete list of videos, visit our video library