If You Were Considering Selling $1 Million Worth of Computer

question 16

Multiple Choice

If you were considering selling $1 million worth of computer equipment to a partnership on credit, which of the following factors would influence your assessment of the ability of the partnership to pay you back?

• A)the value of the personal assets of the individual partners
• B)whether the individual partners had agreed to indemnify each other against any partnership liabilities that they have to pay individually
• C)the value of the assets of the partner's spouses
• D)the value of the personal assets of the employees of the partnership business
• E)the designations of heirs that the partners had made in their respective wills