which act governors partnership firm??​

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Answer 1

Answer:

Partnership firms in India are governed and regulated by the Indian Partnership Act, 1932. Partners are the individuals that join together to form a partnership firm. A contract between the partners establishes the partnership firm.

Explanation:


Related Questions

When current output is greater than potential output, which of the given monetary policies is the Federal Reserve (the Fed) likely to enact

Answers

When the current output is more than the potential output the fed is likely to enact decreasing reserves to increase interest rates.

The reason why they would have to do this is based on the fact that when the actual output in the economy is more than the potential output, It means that there is an inflationary gap.

In order to close this gap, the fed would have to reduce the aggregate demand, thereby raising the rate of interest. This would in turn lead to the fall in consumption and fall in saving.

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Decreased interest rates will shift the aggregate demand curve to the _____ and _____ output demanded.

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The aggregate demand curve often shifts to the components of aggregate demand. The Decreased interest rates will shift the aggregate demand curve to the right and increased output demanded.

The component that is often shifted are consumption spending, investment spending.

In expansionary monetary policy the central bank often makes the supply of money and loanable funds to increase, this in turn will lowers the interest rate, promoting additional borrowing for investment and consumption, and there shifting aggregate demand right.

The rate of government spending, and often rise.

An aggregate demand curve is known to show the total spending on domestic goods and services at each price level.

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Based on the macroeconomic model, the decreased interest rates will shift the aggregate demand curve to the right and increase the demand.

This implies that when the interest rate is reduced, people tend to borrow more, including investors and consumers.

As a result, the aggregate demand will increase, which means it has shifted to the right. At the same time, the output demanded would increase as more investors have access to capital to create more products.

Hence, in this case, it is concluded that the increase in aggregate demands leads to an increase in output demanded.

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How has BBC’s Children in Need performed against each of the measures of success

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Answer:

How has BBC’s Children in Need performed against each of the measures of success

the owl’s roost started out as a roadside farm stand that sold its organic fruits, vegetables, and homemade baked goods to customers driving by. as the popularity of its products grew, it began selling to the local markets, which made it easier for customers craving an owl’s roost peach pie to buy the pie directly from the nearby market, rather than from the farm stand, which was farther away. what type of marketing channel does this situation illustrate?

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Marketing channels are employed in a bid to aid the distributorship of goods to customers. The marketing channel that was employed by Owl's Roost in the above example is;

Indirect Marketing Channel with one Intermediary

Indirect marketing or indirect selling occurs when businesses employ one or more intermediaries to help out in the distribution of their goods to customers. This is what Owl's Roost applied in this case.

The local market that was employed to aid distribution is the one intermediary that Owl's Roost used to sell its organic fruits and vegetables.

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If an insurance company underwriters discovers that an applicant for a homeowners policy has been convicted of submitting a fraudulent claim to an insurer in the past, he may reject the application as a a. Morale hazard b. Certainty of loss hazard c. Moral hazard d. Legal hazard

Answers

Answer:

b

Explanation:

_____ occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.

Answers

The Economies of scale occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.

Hope It's Help

If I have dual citizenship should I say yes on my college applications?

Answers

Answer:

i don't think so 1 citizenship is all it takes

Companies sometimes convert receivables to cash before they are due by selling them or using them as security for a loan. The reasons that a company may convert receivables before their due date include: (Check all that apply.)

Answers

Answer: to quickly generate cash and to reduce risk of nonpayment

Explanation:

1. What's the main reason our culture has normalized credit cards over the past 60 years? What can we do to change the normalization of debt in the future?​

Answers

Our culture has become accustomed to debt mainly because the capitalist system in which we find ourselves favors the management of loans for the acquisition of goods and services.

These, due to their cost, are difficult or impossible to access through cash payments without any type of installment or ease of payment.

Therefore, credit cards are ways of acquiring debt to finance certain consumption, which is why they have become a financial tool that is totally socially accepted.

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When Coca-Cola creates a website within its website called MyCoke where consumers can create a profile, and exchange thoughts, ideas, and more among themselves, it has developed what is called a __________. Multiple choice question.

Answers

Answer:

web comunity

Explanation:

An author can register his or her copyright application with the _____. International Trade Administration (ITA) International Trade Administration (ITA) US Copyright Office US Copyright Office US Patent and Trademark Office (USPTO) US Patent and Trademark Office (USPTO) Department of Commerce (DOC)

Answers

Answer:

United States copyright office

Explanation:

hope this helps!

Judith, a salesperson for an automobile firm, gives a presentation to a buying agent. During her presentation, she gives the buyer a letter from a customer in New York. The letter praises the efficiency of the supply chain process of Judith's firm and compliments the punctuality and timely delivery of the products. This letter is an example of a(n) _____.

Answers

Answer:

Testimonial

Explanation:

PLEASE HURRY-ITS AN IMPORTANT EXAM AND I'M STUCK ON THIS QUESTION THAT'S PROBABLY HONESTLY UPER EASY!!!! Self-management refers to how an individual organizes their time and work tasks so that they also have opportunities to engage in self-care.

True

False

Answers

Answer:

i think its true

Explanation:

Answer:

true

Explanation:

self meaning me myslef or I management meaning organized or put together.

Well-defined property rights, low transaction costs, and resources that naturally gravitate toward the highest-valued function describe the theorem.

Answers

The Coase therom.

Explanation:

The well-defined property rights, resources that inevitably drift toward the highest-valued function, and low transaction costs, are all defined by the Coase theorem.

What is the Coase theorem?

The Coase theorem in law and economics describes the economic effectiveness of a financial decision or results in the presence of externalities. According to the theory, regardless of how property is initially distributed, bargaining will result in a Pareto optimal solution if trade in an externality is feasible and transaction costs are sufficiently low.

In reality, Coasean negotiation may be hindered by roadblocks or vaguely defined property rights. Commonly credited to Nobel Prize winner Ronald Coase is this "theorem."

Ronald Coase won the 1991 Nobel Memorial Prize in Economic Sciences for this 1960 study and his 1937 paper on the nature of business.

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what is the key difference between primary productivity and net primary productivity?

Answers

Answer:

What is the key difference between primary productivity and net primary productivity? Net primary productivity represents just the energy used to build biomass. Net primary productivity is a small fraction (often ~10%) of primary productivity.

Explanation:

Answer:

What is the key difference between primary productivity and net primary productivity? Net primary productivity represents just the energy used to build biomass. Net primary productivity is a small fraction (often ~10%) of primary productivity.

Explanation:

The annual percentage rate (APR) of a loan is different from the interest rate because it:
A. includes charges and fees.
B. includes the rate but not the fees and charges.
C. is calculated from the remaining interest owed.
D. only covers the interest for a year.

Answers

Answer:

i think the answer is b

Explanation:

Answer:

a

Explanation:

A. includes charges and fees.

The Federal Reserve implemented a series of new policies and tools in response to the 2007-2008 financial crisis and recession. Many economists believe these policies helped avert another Great Depression, but exacerbated what problem in the financial system

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Considering the situation described the many economists believe these policies helped avert another Great Depression but exacerbated the inflation problem in the financial system.

This is because the new policies and tools used to tackle the 2007-2008 financial crisis and recession was based on Keynesian economics.

However, while Keynesian economics concentrates on regulating aggregate demand to solve or prevent economic recessions, it is considered inflationary.

This is because it is believed that these policies encourage lower tax rates and increase the national deficit to ensure there is employment.

However, with more money in circulation, many economists believed it would cause inflation and more income disparity.

Hence, in this case, it is concluded that the correct answer is Inflation.

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Margin in a futures transaction differs from margin in a stock transaction because a. stock transactions are much smaller b. delivery occurs immediately in a stock transaction c. no money is borrowed in a futures transaction d. futures are much more volatile e. none of the above

Answers

Answer:

Margin in a futures transaction differs from margin in a stock transaction because a. stock transactions are much smaller b. delivery occurs immediately in a stock transaction c. no money is borrowed in a futures transaction d. futures are much more volatile e. none of the above

Explanation:

transaction d. futures are much more volatile e. none of the above

a person who evaluates people primarily on the basis of their membership in a particular group is

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Prejudiced is a person who evaluates people primarily on the basis of their membership in a particular group.

People form or develop an opinion about other persons due to them being in a group. People who engages in this act does so without tangible reason.

An example of a prejudiced person is having dislike against a particular store, not necessarily because of what they offer but personal dislike for stores.

Therefore a prejudiced is a person who evaluate people based on their membership of a particular group.

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Question Mode Multiple Choice Question When a company considers putting together a sales force, it may choose to hire salespeople directly or use ______. Multiple choice question. advertising executives manufacturer's representatives volunteers college students

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The company may choose to hire the salespeople directly or use the advertising executives to set up a sales force.

The advertising executives is like a party that acts as link between its principal and its clients

The advertising executives works for both the advertising firm and the clients that wishes to advertise through the firm.

Hence, the company may opt to hire an advertising executives so as to facilitate easy advertisement of its product on sales with the advertising firm.

In conclusion, the company may hire the salesperson and advertising executives.

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A feature of corporate bonds is that they a. have residual claims to assets after common stock. b. represent ownership in a firm. c. pay dividends. d. pay interest until maturity. e. carry voting rights.

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Answer:

D- Pay interest untill maturity

The feature of a corporate bond is represented through option d, that is, it pays interest until maturity.

Corporate bonds are raised by corporations with the intention of acquiring funds for business projects or activities by selling it to investors. These bonds are characterized by their face value and contain maturity as well as interest paying dates.

Therefore, the interest is given to investors semi-annually till the date the bond has been issued or maturity.

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Carlton Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $126,000. If the sales tax rate is 5%, what amount must be remitted to the state for February's sales taxes

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Based on the information given the amount that must be remitted to the state  for February's sales taxes is $6,000.

Using this formula

Remitted amount=[February Total receipts÷(1+Sales tax rate)]×Sales tax rate

Where:

February Total receipts=$126,000

Sales tax rate=5%

Let plug in the formula

Remitted amount=[$126,000÷(1+0.05)]×0.05

Remitted amount=($126,000÷1.05)×0.05

Remitted amount=$120,000×0.05

Remitted amount=$6,000

Inconclusion  the amount that must be remitted to the state  for February's sales taxes is $6,000.

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Say's Law argues that a given ____________________ must create an equivalent ________________________ somewhere else in the economy. potential GDP; value of supply total quantity of goods; price level for output natural rate of unemployment; full employment GDP value of supply; value of demand

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Based on the economic theory of demand and supply, Say's Law argues that a given "value of supply" must create an equivalent "value of demand" somewhere else in the economy.

This is based on the idea that supply would deduce the size of the macro-economy, which in turn makes sense in the long run.

Jean Baptiste Say is a French economist famous for being an adherent supporter of business competition, free trade, and removing restraints on business activities.

His Say's law was famous as it tried to define the market condition. Say's law is sometimes referred to as the Law of Market.

Hence, in this case, it is concluded that the correct answer is option D. "value of supply; the value of demand."

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all round, a new virtual music store, is trying to compete with itunes. one thing all round did was count the number of products sold and units produced. where are they in the control process?

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Based on the information given, it can be inferred that they're in the measuring performance of the control process.

Control process simply means the collection of information about a system in order to make a vital decision.

Since the new virtual music store, is trying to compete with itunes and count the number of products sold and units produced, it can be deduced that the company is measuring performance.

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What factors do you think result in the relationship between neighborhood demographics and the cost of an overdraft fee? Explain your reasoning

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The factors which result in the relationship between neighborhood demographics and cost of an overdraft fee is the number of people living in the location.

Neighborhood demographics refers to the details of people living in a specific states, city or town.

The overdraft fee refers to the service fees that are charged by banks for customers uses of its overdraft service.

The overdraft fee of banks in different location might varies because of the numbers of banks users in the location.

If the bank users in the location are high, the cost of overdraft fee may be set at low price because of the number advantage.

Therefore, the factors which result in the relationship between neighborhood demographics and cost of an overdraft fee is the number of people living in the location.

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Under the allowance method, companies estimate _____ uncollectible amounts and report those estimates in the _____ year.Multiple choice question.future; currentcurrent; futurefuture; futurecurrent; current

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Answer: current and future

Under the allowance method, companies must estimate future, uncollectible amounts and report those estimates in the current year.

The missing words are Future and Current.

What is the Allowance Method?

Under the Allowance Method, companies set aside a reserve that is estimated, for bad debts that are anticipated in the future.

This method is typical of the accrual basis of accounting and is the most accepted method for recording uncollected accounts for financial accounting purposes.

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During an interview, in addition to asking the questions you prepared in advance, make sure that you ask Question 3 options: closed questions. open questions. primary questions. secondary questions.

Answers

In addition to asking questions prepared in advance, applicant must make sure they ask Closed-ended questions

Closed-ended questions refers to the questions which can only be answered from selection of limited number of options.

Examples of closed-ended question during an interview is "When should i expect a mail from you sir?", What are the ideal quality of staffs you are seeking for?" etc.

Hence, during an interview, in addition to asking questions prepared in advance, applicant must make sure they ask Closed-ended questions

Therefore, the Option A is correct.

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The process of turning over public lands to private entities through sale or lease agreements for cultivation and development is called what

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Answer:

Privatisation is the answer hope it helps you.

A _________ specializes in developing plans and recommendations that meet the software and system needs of an organization.

Answers

A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.

systems analyst can be regarded as a person that utilize his experience in analysis and design techniques to make recommendation in term of needs of the organization.

This could be in Tech. industry such as in software and others.

Therefore, systems analyst is correct.

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even though firms in competitive price-searcher markets do not produce at minimum atc, competitive price-searcher markets may still be consistent with economic efficiency because

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Firms are known to be free to set price and also to face strong competitive pressure. Competitive price-searcher markets may still be consistent with economic efficiency because they provide consumers with a greater diversity of products.

Firms in competitive price-searcher markets that has a small entry obstacles often face a downward sloping demand curve.  Competition often exists from existing firms and new rivals.

Firms that exist in a perfectly competitive market are known to be price takers due to the fact that once the market determines an equilibrium price for the product, firms need to accept the stated price.

For an individual to sell a product in a perfectly competitive market, one must  just be happy with the price.

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