Anne and Mike Were Winding Up Their Partnership

question 10

Multiple Choice

Anne and Mike were winding up their partnership.Mike was approached by a person who wanted the partnership to do some work for him.Mike agreed that the partnership would do the work.Generally speaking,in such a situation

• A)Anne is not liable since the partnership was in the winding-up phase.
• B)Anne is not liable since she did not consent to the work.
• C)Anne is not liable since Mike's conduct was wrongful.
• D)Anne is liable unless she filed a statement of dissolution with the secretary of state within 90 days of when Mike entered the contract.

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Definitions:

Authentic Leadership

A leadership style that emphasizes being genuine and honest while leading with one's personal values.

Theoretical Model

An abstract representation that explains a concept or phenomenon by using symbols, words, or diagrams to simplify and communicate complex ideas.

Katz's Skills Model

A theory that identifies three fundamental competencies (technical, human, and conceptual skills) necessary for successful management at different organizational levels.

Blake And Mouton's

Refers to the Managerial Grid Model developed by Robert Blake and Jane Mouton, which argues that the most effective managers demonstrate high concern for both people and production.