Yolanda and zachary decided to restructure their small bookstore as a limited partnership, called "y to z's books, lp." under their new arrangement, yolanda contributed a new infusion of $300; she was named the general partner. zachary contributed $300 also, and he was named the limited partner: yolanda was to manage the store on monday, wednesday, and friday, and zachary to manage it on tuesday, thursday, and saturday. y to z books, lp failed to pay $800 owing to vendor. moreover, within a few weeks, y to z's books became insolvent. who is liable for the damages to vendor?

what result would be obtained in exercise 1 if yolanda and zachary had formed a limited liability company?

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th?

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

Uestion 7 you hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. the portfolio beta is equal to 1.12. you have decided to sell a coal mining stock (b = 1.00) at $5,000 net and use the proceeds to buy a like amount of a mineral rights company stock (b = 2.00). what is the new beta of the portfolio?