The law firm that Michael Wong and Sanjay Patel started
together is an example of general partnership. The general partnership is a way
where partners have an arrangement of joining together in one business that
will provide them unlimited liability in terms of the obligations in their
partnership.
Answer:
b.advertising
Explanation:
Market segment is a strategy that a organisation decides which market to appease.
Market Segments can be drawn from sales territories , groups of customers. and products but not advertising
Excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease
Answer:
The recognized gain or loss is -$4000.
Explanation:
Gift property value = $49000
fair market value = $35000
realized loss = sale price - fair market value
= $31000 - $35000
= -$4000
Therefore, The recognized gain or loss is -$4000.