Esther and Elizabeth Are Equal Partners in the EE Partnership

question 60

Essay

Esther and Elizabeth are equal partners in the EE Partnership. The partners formed the partnership seven years ago by contributing cash. Prior to any distributions, the partners each have a $40,000 basis in their partnership interests including their share of partnership liabilities. On December 31, EE partnership repays $50,000 of debt. What is the amount and character of Esther's recognized gain or loss? What is Esther's remaining basis in EE?

Compare and contrast psychological theories of prejudice and discrimination.

Examine the three approaches of conflict theory to racial and ethnic prejudice and discrimination.

Understand sociocultural theories in explaining disparities facing Canada's Aboriginal peoples.

Evaluate different theoretical perspectives (cultural theory, functionalism, conflict theory, symbolic interactionism, multiracial feminist theory, and post-colonial theory) on discrimination.

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Definitions:

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, characterized by open-mindedness and a questioning attitude.

Monitor

The act of regularly observing and checking the progress or quality of something over a period of time.

Scoring Rubric

A set of criteria and standards typically used in educational settings to assess the quality of students' work or performance.

Close-Mindedness

The unwillingness to consider or accept different ideas or opinions.