Xavier and Yolanda Have Original Investments of $50,000 and $100,000

question 1

Multiple Choice

Xavier and Yolanda have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10%; salary allowances of $27,000 and $18,000, respectively; and the remaining income equally. How much of the net loss of $6,000 is allocated to Yolanda?

• A) $1,000
• B) $3,000
• C) $5,000
• D) $0

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Definitions:

Sexist

A person who discriminates against another based on gender, often holding stereotypical beliefs about gender roles.

Patriarchal Society

A societal structure where males predominantly possess the main authority, leading in political governance, ethical leadership, societal advantages, and ownership of assets.

Abusive Husbands

Male spouses who engage in behavior that is damaging or harmful towards their partners, often manifesting as physical, emotional, or psychological abuse.

Drug Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs, leading to addiction or other negative outcomes.