Multiple Choice
A loan made by a partner to partnership business is:
A) a part of partnership capital.
B) a part of the partnership's assets.
C) a liability of the partnership business.
D) a partner's contribution to the partnership business.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: Ann and Susan want to enter into
Q7: The owner of a sole proprietorship assumes
Q13: A partner's contribution is also called _.<br>A)
Q21: Which of the following is true about
Q24: Generally,professional shareholders are personally liable for the
Q34: The sale of a partner's transferable interest
Q40: An order charging all or part of
Q45: A _ has one or more general
Q46: Babs,Mindy,and Eric decide to leave a large
Q56: A partnership is an income tax-paying entity