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Author Question: All of the following transactions are prohibited by a by a partner without the consent of other ... (Read 118 times)

bclement10

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on: Jun 24, 2018
All of the following transactions are prohibited by a by a partner without the consent of other partners except: ______.
 A) a contract that makes it impossible for the firm to conduct its usual business.
 B) submitting controversies of the firm to arbitration.
 C) making a general assignment of firm property for the benefit of creditors
 D) lease agreement for office equipment

Question 2

Which of the following is not qualified residential interest?
 A)Interest on a loan used to buy a cabin as a second home
 B)Interest on a rental property mortgage
 C)Interest on the loan for a 500,000 residence
 D)All of the above are qualified residential interest


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aburgess

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

D

Answer to Question 2

B


bclement10

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Reply #2 on: Jun 24, 2018
Thank you


aburgess

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Reply #3 on: Jun 24, 2018
No problemo


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