Stuart Owns a 20% Interest in a Partnership (Not Involved

question 29

Multiple Choice

Stuart owns a 20% interest in a partnership (not involved in real estate) in which his at-risk amount was $18,000 at the beginning of the year.The partnership produces a $50,000 loss for the year.What is Stuart's at-risk amount at the end of the year?

• A)$0.
• B)$8,000.
• C)$10,000.
• D)($32,000).

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Definitions:

Team Structures

Organizational designs that emphasize collaboration and teamwork to achieve common objectives.

Permanent and Temporary Teams

A distinction between teams formed for ongoing, long-term purposes (permanent) and those created for a specific, short-term project or task (temporary).

Day-To-Day Tasks

Routine or regular activities that are performed on a daily basis in personal or professional settings.

Virtual Organization

An organization that primarily operates and coordinates its activities through information and communication technologies rather than in a traditional physical location.