Bul 3310 bailey - Study guides, Class notes & Summaries
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BUL 3310 BAILEY EXAM 4 FSU QUESTIONS & ANSWERS SCORED A+
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Which of the following statements is true about a partnership name? 
(The name is an asset of the partnership that may be sold or assigned. 
The name must include the word "company" in it.) 
The partnership must comply with the state's assume name provisions. 
Both a and c - ️️Both a and c 
The owner of a limited liability company LLC has unlimited personal liability for the debts 
of the LLC. 
T/F? - ️️False 
Which of the following is NOT one of the recognized disadvantages of ...
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BUL 3310 FSU Bailey Exam 4, Exam 4 BUL 3310, BUL Final JWW
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BUL 3310 FSU Bailey Exam 4, Exam 4 BUL 3310, BUL Final JWW
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BUL 3310 Exam 1 FSU Bailey (Latest) Questions With Complete Solutions!!
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BUL 3310 Exam 1 FSU Bailey (Latest) Questions With Complete Solutions!!
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BUL 3310 Exam 3 Bailey (Questions + Answers) Solved 100% Correct!!
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BUL 3310 Exam 3 Bailey (Questions + Answers) Solved 100% Correct!!
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BUL 3310 Exam 4- Bailey (2024) Verified 100% Correct!!
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BUL 3310 Exam 4- Bailey (2024) Verified 100% Correct!!
Too much month left at the end of the money?
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BUL 3310 Exam 2 FSU Bailey
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BUL 3310 Exam 2 FSU Bailey
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BUL 3310 Exam 4- Bailey Questions + Answers Graded A+
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Absent an agreement otherwise, each partner is entitled to compensation for his or her 
services in managing the business 
T/F - ️️False 
A buy and sell agreement normally specifies the terms under which a withdrawing or 
deceased partner's interest will be bought out 
T/F - ️️True 
Subchapter S corporation will avoid double taxation if which of the following applies? 
A. All the shareholders agree to be taxed as in a partnership 
B. The corporation files Articles of Partnership in th...
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BUL 3310 Exam 3 Bailey Questions and Answers(A+ Solution guide)
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Which legal rule will not impose punitive damages on a master for the torts of his 
servants unless the master himself took some part in the wrongful action? 
- vicarious liability rule 
- durham rule 
- complicity rule 
- transferred liability rule - ️️Complicity rule 
When a servant completely abandons the master's work to pursue his own interests, the 
servant is on ___ 
- a detour 
- an outing 
- a trespass 
- a frolic - ️️A frolic 
In contracts negotiated by an agent who is actin...
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BUL 3310 Exam 3 Bailey UPDATED Exam Questions and CORRECT Answers
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BUL 3310 Exam 3 Bailey UPDATED Exam 
Questions and CORRECT Answers 
A master can normally avoid liability for damages caused by a servant if he can show that the 
servant misunderstood his instructions 
T or F? - Ans True 
In contracts negotiated by an agent who is acting within the scope of his authority for a disclosed 
principal, the agent, the principal, and the third party are equally liable on the contract 
T or F? - Ans False
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BUL 3310 Exam 1 - Units 1,2 & 3 (Professor Bailey) Questions With Correct Answers!!
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BUL 3310 Exam 1 - Units 1,2 & 3 (Professor Bailey) Questions With Correct Answers!!
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