law-gracia (1).docx - Question 1 Complete Mark 1.00 out of 1.00 Flag question Question text Which of the following is not included in the group Select

law-gracia (1).docx - Question 1 Complete Mark 1.00 out of...

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Question 1CompleteMark 1.00 out of 1.00Flag questionQuestion textWhich of the following is not included in the group?Select one: a. Fixed partnershipb. Partnership for a particular undertakingc. Limited Partnershipd. Partnership at will Question 2CompleteMark 0.00 out of 1.00Flag questionQuestion textNorman, Earl, Armie and Rose formed a partnership named NEAR Enterprises. Norman Earl and Armie had capital contributions worth Php40,000.00, Php600,000.00 and Php80,000.00 respectively. Rose did not contribute for the capital; instead, she will render her services as the industrial partner of the business organization. They have agreed that the industrial partner shall receivea bonus of 10% of the profit before bonus, division of the remaining profits was not agreed upon. The business had a profit worth Php600,000.00. How much is the share of Norman?Select one:
Question 3CompleteMark 1.00 out of 1.00Flag questionQuestion textWhich of the following entities is a partnership?Select one: Question 4CompleteMark 1.00 out of 1.00Flag questionQuestion textIn ABC Restaurant, A and B are capitalist partners while C is an industrial partner. Because A and B are far from the business site, they have entrusted C to oversee the business operation. They agree to share the profits with a ratio of2:3:1. One month later, they hired D to become the chief cook.Who among the partners contributed his expertise to form and manage the business?Select one: Question 5
Complete Mark 1.00 out of 1.00 Flag question Question textJohn and Mark made an oral promise to contribute to their partnership money worth P10,000.00 each within one year from their agreement. After a month, thepartnership made a profit of Ph15,000.00If no sharing of profits and losses were agreed upon, what will be their profit sharing ratio?Select one: a. No correct answerb. 1:1c. 2:1d. 1:2 Question 6CompleteMark 1.00 out of 1.00Flag questionQuestion textWhich of the following entities is a partnership?Select one: Question 7 Complete Mark 1.00 out of 1.00
Flag question Question textJohn and Mark made an oral promise to contribute to their partnership money worth P10,000.00 each within one year from their agreement. After a month, thepartnership made a profit of Ph15,000.00How much will John receive as share in the profits?Select one:

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