If Three Partners Set Out a Term in Their Partnership

question 62

True/False

If three partners set out a term in their partnership agreement that John would only be responsible for 10 percent of any losses,yet he has to pay 100 percent of a claim because the other partners have no funds,John could seek contributions from the other partners according to the partnership agreement.

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Definitions:

Study Harder

Suggests increasing the intensity or dedication with which one engages in learning activities to achieve better academic or knowledge outcomes.

Negative Reinforcement

A type of reinforcement where a response or behavior is strengthened by stopping, removing, or avoiding a negative outcome or aversive stimulus.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, which affects the likelihood of that behavior being repeated.

Removing Stimulus

The process of taking away or reducing a particular stimulus in order to decrease a response or behavior.