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NEW QUESTION: 1
Match the Azure Cloud Services benefit to the correct description.
Instructions: To answer, drag the appropriate benefit from the column on the left to its description on the right.
Each benefit may be used once, more than once, or not at all.
NOTE: Each correct match is worth one point.
Answer:
Explanation:
NEW QUESTION: 2
X and Y are random variables and C is a constant. What is incorrect about the nature of mathematical expectations in the following options?
A. E(X+Y)=E(X)+E(Y)
B. E(XY)=E(X)E(Y )
C. E(CX)=CE(X)
D. E(C)=C
Answer: B
NEW QUESTION: 3
In 1992, Anchor, Chain, and Hook created ACH Associates, a general partnership. The partners orally
agreed that they would work full time for the partnership and would distribute profits based on their capital
contributions. Anchor contributed $5,000; Chain $10,000; and Hook $15,000. For the year ended
December 31, 1993, ACH Associates had profits of $60,000 that were distributed to the partners. During
1 994, ACH Associates was operating at a loss. In September 1994, the partnership dissolved.
In October 1994, Hook contracted in writing with Ace Automobile Co. to purchase a car for the partnership.
Hook had previously purchased cars from Ace Automobile Co. for use by ACH Associates partners. ACH
Associates did not honor the contract with Ace Automobile Co. and Ace Automobile Co. sued the
partnership and the individual partners.
A. Anchor, Chain, and Hook jointly owning income producing property establishes a partnership
relationship.
B. Anchor, Chain, and Hook jointly owning and conducting a business for profit establishes a partnership
relationship.
Answer: B
Explanation:
Choice "a" is correct. A partnership is defined as an association of two or more persons who agree to
carry on as co-owners a business for profit. Merely owning income-producing property jointly is not
sufficient.
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