Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 10-28 case study 5 points a, b, and c formed a par

10-28 Case Study 5 points A, B, and C formed a partnership to which they...

90.2K

Verified Solution

Question

Accounting

image

10-28 Case Study 5 points A, B, and C formed a partnership to which they contributed a total capital of P30,000. The partners agreed on the sharing of profits but not of losses. Is there a valid partnership? Why or why not? Your answer 5 points A, B, and formed a partnership to which they contributed a total capital of P30,000. The partnership is not registered with the Securities and Exchange Commission. Does the partnership have a juridical personality? Why or why not? Your answer XY. and Z are partners in the 5 points same partnership. The partnership is engaged in tailoring business. Give and discuss the reason why X may be prohibited from engaging in a business for himself. Provide one reason. Your

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Hooke's law is described mathematically using the formula Fsp = -kx. Which statement is correct...

Civil Engineering
1.2K views

Sir, Matlab code for thick cylinder lined with composite which is related to Mechanics.

Electrical Engineering
1.2K views

3. For the following analog signal: xa(t) = 3sin(40Ï€t) + 3cos(50Ï€t) which is sampled at a rate...

Physics
1.2K views

a) If an atom has an electron in the n=3 state with m=1, what are the...

Biology
1.2K views

Which of the following is NOT a primate characteristic 1 claws on each digit 2...

Physics
1.2K views

An equilateral triangular wire frame of side length I as shown has a total resistance...

Geometry
1.2K views

In the accompanying diagram of circle O, AOED is a diameter, PD is a tangent,...

Basic Math
1.2K views

Convert the measurement.3 yd =inches

Accounting
1.2K views

When a 401(k) plan does not pass the ADP test, which one of the following...

Accounting
1.2K views

You are given the following information for Pharoah Company for the month ended November 30,...

Accounting
1.2K views

True of False Creditable withholding tax withheld from income is added to the...

Accounting
1.2K views

Compare the tax consequences of a taxable asset acquisition and a Type C asset-for-stock reorganization,...