Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. fred and mark agreed to open a restaurant selling

Fred and Mark agreed to open a restaurant selling pozza and sandwiches. The business was...

50.1K

Verified Solution

Question

Accounting

Fred and Mark agreed to open a restaurant selling pozza and sandwiches. The business was orgainzed as a general partnership owning 50% and sharing profits and losses equally. state three advantages and dis advantages of this type of business organization.

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

Finance
1.2K views

Problem 20-6 Suppose you think Apple stock is going to appreciate substantially in value in the next...

Biology
1.2K views

Facts are stated in the per molecule In the third column of the table write...

Basic Math
1.2K views

Find the derivative of the given function.y=In (-21x +4x)

Calculus
1.2K views

Find the area of the surface.The part of the sphere x + y + z...

Algebra
1.2K views

Exercise 4 25 marks A company produces heaters of two types called S and L...

Algebra
1.2K views

Graph the derivative of the function graphed on the right Choose the correct graph below...

Algebra
1.2K views

Graph f x x x 6 3 x Proper zeroes 1 End behaviours 1 Shape...

Accounting
1.2K views

Factory Rent Expense: $10,250,000 Insurance Expense: $6,000,000 Equipment Depreciation Expense: $5,350,000...

Accounting
1.2K views

The beginning inventory at Funky Party Supplies and data on purchases and sales for a...

Accounting
1.2K views

Presented are the separate-entity and consolidated balances for Delicate Delights Corporation (DDC) and its subsidiary,...

Accounting
1.2K views

Christophers Custom Cabinet Company uses a job order cost system with overhead applied as a...

Accounting
1.2K views

Ayayai Limited, a public company that follows IFRS and has a calendar year end, made...