Nathan Invests $2,000 for 10% Interest in a Partnership That

question 54

Multiple Choice

Nathan invests $2,000 for 10% interest in a partnership that has total capital of $15,000 after admitting Nathan.Which of the following is true?

• A)Nathan's capital is $2,000.
• B)The original partners received a bonus of $500.
• C)Nathan received a bonus of $500.
• D)The original partners' capital in the business was $13,500 before admitting Nathan.

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Definitions:

Frame Problems

In artificial intelligence, refers to the difficulty of specifying all the possible conditions and rules for a robot or a program to function correctly in a dynamic world.

Prototype

An original model or form which other objects, systems, or concepts are based on or derived from.

Tendency

A predisposition to act or think in a particular way.

Decision-Making Process

The cognitive process leading to the selection of a course of action among variations.