How do the owners of a partnership relate to the business? A) ...

[pane00]

How do the owners of a partnership relate to the business?
 
  A) The owners and the business are separate legal entities.
  B) The owners and the business are not separate legal entities.
  C) The assets of the owners are considered separate from the asset of the business.
  D) None of these describe the legal relationship of the owners to the business.

Question 2

Refer to Figure 4-3. If the market price is 2.50, what is the maximum number of ice cream cones that Kendra will buy?
 
  A) 1 B) 2 C) 3 D) 4

[pami445]

Answer to Question 1

B

Answer to Question 2

C